Wool market dips again with the EMI shedding another 51c

Vernon Graham
Updated August 16 2019 - 7:40am, first published August 15 2019 - 5:30pm
ARE WE AT THE BOTTOM YET? The pace of the slide in wool prices slowed today raising hopes the horror run of the past fortnight is running out of steam.
ARE WE AT THE BOTTOM YET? The pace of the slide in wool prices slowed today raising hopes the horror run of the past fortnight is running out of steam.

While the wool market kept sliding today, the small comfort for growers was that the benchmark eastern market indicator (EMI) fell by "only" 51 cents a kg to 1513c.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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