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Australian wool market bounces back twelve months on

AUSTRALIA’S wool fine wool growers are breathing easier, 12 months after the COVID-19 pandemic produced the sharpest percentage drop in the wool market in 17 years.

In 2020, week 40 of the Eastern Market Indicator (EMI) reported a -155c/kg drop, or -10.8 per cent; a 636c/kg drop to 1287c/kg, compared to the previous week.

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