Driven by weaker demand, the Australian wool market has fallen again this week with the Eastern Market Indicator (EMI) dropping 39 cents to close at 1261c/kg.
While the market opened lower in the East it wasn’t as low as some predicted, with good style lots and wool with favourable additional measurement (AM) results continuing to attract solid support.
Lesser style with poor AM results and carrying higher levels of vegetable matter weren’t as well supported and recorded larger falls.
By the end of the first selling day, individual Micron Price . . .
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