Stronger sales, rain improve wool’s outlook

By Bruce McLeish, Elders Northern Zone Wool Manager
Updated November 25 2018 - 5:47pm, first published 5:36pm
IN DEMAND: The traded strongly, adding 77c to AWEX’s Eastern Market Indicator, which closed on 1858c.
IN DEMAND: The traded strongly, adding 77c to AWEX’s Eastern Market Indicator, which closed on 1858c.

A STRONG, healthy market last week, a lot of wind, but a bit of rain in some parts as well made for a much better outlook for the wool industry in Australia and therefore around the globe.

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