Related Keywords: Australian wool exchange, AWEX, broader microns, due to combination of market demand and low supply, Easter Market Inidicator, falling supplies, high prices, lower currency, lucrative market conditions, Micron Price Guide, RIVERINA wool producers, Wool prices soar
Wool prices have soared to a new four-year high due to a combination of market demand and low supply.The Easter Market Indicator (EMI) posted by the Australian Wool Exchange (AWEX) increased by 70c/kg. Moses and Son principal, Marty Moses of Temora said the high prices were due to a lower currency price combined with falling supplies.
RIVERINA wool producers are benefiting from some of the most lucrative market conditions.
