Solid lift in demand for crossbred wool eases EMI price slide

Vernon Graham
Updated August 22 2019 - 3:15pm, first published 3:00pm
NOT ALL NEGATIVE: The lift prices for broader crossbred wool helped minimise the fall in the benchmark Eastern Market Indicator.
NOT ALL NEGATIVE: The lift prices for broader crossbred wool helped minimise the fall in the benchmark Eastern Market Indicator.

The benchmark Eastern Market Indicator (EMI) has now fallen 416 cents a kg clean since the start of 2019 as the slide in wool prices continued this week.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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