Coronavirus, Trump tariffs weighing on wool market with EMI losing 9c

Vernon Graham
Updated February 27 2020 - 8:46am, first published February 14 2020 - 9:00am
VIRUS SHUTDOWN: Chinese woollen mills have been temporarily closed as Beijing struggles to contain an outbreak of coronavirus which has sent shockwaves around the world.
VIRUS SHUTDOWN: Chinese woollen mills have been temporarily closed as Beijing struggles to contain an outbreak of coronavirus which has sent shockwaves around the world.

The wool market caught a sniffle this week with a small across-the-board dip in Merino prices triggering a nine cents drop in the Eastern Market Indicator to 1568c a kilogram clean.

Vernon Graham

Vernon Graham

National machinery and property writer

Former editor of The Land, former Fairfax Media Agricultural Editor

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