Wool prices in freefall as EMI sheds 122 cents a kg

Vernon Graham
August 30 2019 - 9:30am
PRICES IN A HOLE: The wool market has been battered again this week by global economic uncertainty which has hit consumer confidence.
PRICES IN A HOLE: The wool market has been battered again this week by global economic uncertainty which has hit consumer confidence.

The gut-wrenching slide in the wool market gathered pace again this week with the Eastern Market Indicator (EMI) losing 122 cents a kilogram to finish at 1375c.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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