Wool prices fall by 9c/kg

Marty Moses

Marty Moses

THE Australian Wool Exchange Eastern Market Indicator (EMI) closed on 1150c which was down 9c/kg this week.

According to Moses and Son principal, Marty Moses, of Temora, 12.1 per cent of the 36,535 bale offering was passed in with the rate for cross bred wool more than 25 per cent in the eastern state selling centres.

Despite the falls he said there was some stability to be found in the market.

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