Australian wool has had less demand and lower prices, but more wool has been sold

Kristen Frost
October 5 2020 - 3:00pm
It seems as soon as there is an increase in offering, the market has trouble absorbing extra quantities. But despite this, season to date, there has been more wool sold.
It seems as soon as there is an increase in offering, the market has trouble absorbing extra quantities. But despite this, season to date, there has been more wool sold.

Lack of demand for Australian wool in recent months has seen the Eastern Market Indicator (EMI) retreat back below 1000 cents per kilogram, the lowest woolgrowers have been dealt in years.

Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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