US-China trade war threatens wool price 'super cycle'

Vernon Graham
Updated August 14 2019 - 7:38am, first published August 13 2019 - 2:30pm
WRONG DIRECTION: The US-China trade war has sent the Australian wool market southward with the EMI dipping below the 1700c mark last week.
WRONG DIRECTION: The US-China trade war has sent the Australian wool market southward with the EMI dipping below the 1700c mark last week.

The wool market has fallen victim to the US-China trade war with the benchmark eastern market indicator (EMI) plunging to 1676 cents a kg clean by the close of sales last week.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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