Marty Moses
THE Australian Wool Exchange eastern market indicator (EMI) has increased by 126c/kg to close at 2116c.
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Moses and Son principal Marty Moses of Temora said 36,302 bales went on offer in Sydney Melbourne and Fremantle with 98.5 per cent of the offering cleared as emotive buying took over in the sale rooms.
Wednesdays opened with a rise of 99c for the EMI. This was the largest single day increase since 2002 and a new record surpassing the previous EMI record by 16c.