Textiles

Aussie wool market displays mixed reactions last week

30 Sep '14

1 min read

Wool market displayed mixed reactions in Australia during the week ending Sept 26, when compared with week ending Sept 19.

The AWEX Eastern Market Indicator (EMI) remained unchanged at 1023¢/kg.

While its counterpart in the North fell marginally by 1¢ or 0.1% and the South Indicator dipped 4¢ or 0.4% to 1043¢ and 1010¢, respectively.

However the Western Indicator increased by 5¢ or 0.5% in reaching 1071¢/kg.

When looking at other currencies, the AWEX EMI declined by 15¢ in US Dollar terms in comparison to its previous week ending Sept 19.

Fibre2fashion News Desk - India

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