Marty Moses
The AWEX EMI pushed up another 23c to close the week on 1699c at auction sales in Australian this week.
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49,030 bales went under the hammer with a creditable 97 per cent clearance to the trade.
The result was a new EMI record exceeding the previous by 10c.
Next week is the final sale before the three-week Christmas recess with 52,292 bales going under the hammer.
It is envisaged that the market should maintain this week’s levels.