The Australian wool market has recorded an overall loss this series, albeit by the barest of margins and with positives to be taken from various aspects of the market.
The market opened softly and by the end of the first day, many individual Micron Price Guides (MPGs) for Merino fleece finished lower, with movements ranging between 19 and +6 cents as the AWEX Eastern Market Indicator (EMI) lost seven cents for the day.
On the second day the market rallied, with Eastern MPG movements ranging between 1 and +22 cents as the EMI rose by . . .
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