EMI veers into negative territory as demand from China softens

Kristen Frost
By Kristen Frost
Updated March 28 2022 - 4:52am, first published March 27 2022 - 5:00am
PRICE DROPS ACROSS THE BOARD: Individual Merino fleece Micron Price Guides (MPGs) across the country reduced by between 21 and 46c and the losses were felt across the entire spectrum.

After showing weeks of resilience, the Australian wool market succumbed to an appreciating currency and softened demand from China due to severe Covid-19 induced lockdowns.

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Kristen Frost

Kristen Frost

National Sheep and Wool Writer

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