Wool market edges even closer to $20/kg

Kristen Frost
Updated May 30 2018 - 2:08pm, first published May 25 2018 - 10:30am
Merino wool again received strong support with all types and descriptions posting solid gains at the close of yesterday's sales.
Merino wool again received strong support with all types and descriptions posting solid gains at the close of yesterday's sales.

Despite an offering of many lower yielding, lesser styles wools, Australia’s wool market continued its rush towards $20/kg as the EMI increased by another 40 cents this week to finish at an all time high of 1983c/kg. 

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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