It’s a record wool price – again

By Bruce McLeish, Elders Northern Wool Manager
Updated March 13 2017 - 1:35pm, first published March 10 2017 - 9:29pm
BRIGHT FUTURE: AWEX’s eastern market indicator closed a further 22c higher on 1522c.
BRIGHT FUTURE: AWEX’s eastern market indicator closed a further 22c higher on 1522c.

THE Australian wool market continued to gain ground this week with AWEX’s eastern market indicator closing a further 22c higher to 1522c. The rise in the overall market indicator was courtesy of both ends of the clip helping to lift the average whilst the bulk areas of 21-22 micron wools held unchanged at resistance levels.

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