EMI drops 51 cents as wool demand weakens again

Vernon Graham
October 2 2019 - 6:00pm
REVERSE SWING: The Eastern Market Indicator dropped 51 cents today as wool's recent price recovery went into reverse.
REVERSE SWING: The Eastern Market Indicator dropped 51 cents today as wool's recent price recovery went into reverse.

The wool price gains of the past three weeks came to a shuddering halt today when the benchmark Eastern Market Indicator shed 51 cents to finish the day on 1558 cents a kilogram clean.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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