More wool market wobbles as EMI plunges to 1564c

Vernon Graham
Updated August 16 2019 - 7:40am, first published August 14 2019 - 5:30pm
WHAT'S IT WORTH?: Growers are facing tough decisions as the wool market continues to lose ground because of a downturn in demand from China.
WHAT'S IT WORTH?: Growers are facing tough decisions as the wool market continues to lose ground because of a downturn in demand from China.

The wool market is threatening to go into freefall with the benchmark eastern market indicator (EMI) shedding a whopping 112c to finish at 1564c after today's sales.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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