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The Coonamble Times

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Local News | Paid

Overall unchanged market

27/07/2024 by The Coonamble Times

The Australian wool market has had an up and down series, combining for an overall unchanged result in the AWEX Eastern Market Indicator (EMI).

With only Sydney and Melbourne in operation, the national offering fell to 27,519 bales.

Buyer sentiment was again cautious from the start of the first day and while market movements varied, the overall trend was lower as the EMI dropped three cents for the day.

This was the ninth selling day in a row the EMI recorded a negative result, the longest downward run since October 2020 (12 . . .


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