Australia’s wool market strengthened again, lifting the EMI by 56 cents to 1,514 Australian cents per kg clean, or 983 USC.
Medium wools led gains, with 19.5 and 20-micron fibres rising over 100 cents, while fine wool prices also increased.
Offerings rose, though supply remains 5.9 per cent lower year on year.
A weaker Australian dollar supported exports.
Medium wools led gains, with 19.5 and 20-micron fibres rising over 100 cents, while fine wool prices also increased.
Offerings rose, though supply remains 5.9 per cent lower year on year.
A weaker Australian dollar supported exports.