The Australian wool market has returned from the annual three week mid year recess strongly, with rises in the Merino fleece sector pushing the market higher.
With 41,303 bales available to the trade, this was the largest sale since Week 42 last season as the benchmark Eastern Market Indicator (EMI) added eight cents for the series, closing the week at 1,247c/kg.
The EMI has continued its upward run, with the two cent rise recorded on the second day of this series the eighth consecutive daily rise.
The run started on . . .
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