Driven by strong increases in fine Merino fleece types and aided by currency movements, the Australian wool market has recorded an overall gain this week as the AWEX Eastern Market Indicator (EMI) added 11 cents overall to close at 1,177c/kg.
With only two selling weeks before the Christmas recess, exporters needing to finish orders knew that this sale was an important time to secure the wool they need, as the end of the year fast approaches.
In the Merino fleece types, in many cases wools possessing faults such as lower tensile strength or . . .
Access to this content is available via a current Coonamble Times subscription.
Purchase single issue downloads of the Coonamble Times online editions for only $2.50 or become a subscriber for full access to online flip-books, archive downloads and the latest local news content.
For free content see our Featured Local News category