THE Australian wool market has recorded an overall loss of 11 cents this week, with the AWEX Eastern Market Indicator (EMI) finishing at 1,319c/kg.
From the opening of the sale, it was immediately apparent that the prices buyers were prepared to pay for fine Merino fleece types had been significantly reduced, and they continued to fall as the sale progressed.
By the end of the week, the individual Micron Price Guides (MPGs) across the country for 18.5 micron and finer had lost 15 135 cents.
In contrast, buyer sentiment on . . .
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