Strengthening US dollar tames wool market

By Bruce McLeish, Elders Wool Manager
Updated November 21 2021 - 6:49am, first published 6:34am
There was not a lot of change to the overall wool market indicators last week, with the Eastern Market Indicator closing 5c higher in local currency terms.

NOT a lot of change to the overall wool market indicators last week, with AWEX's Eastern Market Indicator closing 5c higher in local currency terms, but a decrease in price of 9c in US dollar terms, and 11c higher in Euro terms as currencies moved in all sorts of different directions.

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