The direction of the wool market still has everybody guessing with price falls this week after a good start to 2019.
The Sydney and Fremantle wool markets yesterday followed the downward path set at Tuesday's sale in Melbourne.
Strong hopes for another wool price rise at the Melbourne sale today didn't eventuate with the EMI losing 14 cents a kilogram clean.
The peak national woolgrowers' body isn't happy with a push for a new non-mulesed category on National Wool Declaration forms.
The wool market had an encouraging resumption to sales after the Christmas break with the EMI climmbing above the 1600c barrier.
The Eastern Market Indicator nudged up another six cents yesterday as the wool market's positive start to 2020 continued.
The wool market has opened 2020 on a positive note with the EMI lifting 79 cents to 1637c a kilogram clean.
Ina first for the industry a Dubbo-based wool broker has made the submission of a grower-signed National Wool Declaration a condition of sale.