Once again driven by gains in Merino fleece, the Australian wool market has recorded a solid increase for the second consecutive week as the AWEX Eastern Market Indicator (EMI) rose by 19 cents overall to close at 1,170c/kg.
With an increased national offering of 43,688 bales, all wool regardless of style or additional measurement results rose.
By the end of the week, individual Micron Price Guides (MPGs) for Merino fleece had risen by 18 59 cents.
The skirtings tracked a similar path to the fleece, with all types and descriptions . . .
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