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Wool Market Report - 20th March 2017

A comprehensive weekly round-up and analysis of price developments at the major wool auctions around the world.

South African wool market up by 1.6%

The South African wool market traded higher at this week’s auction, and the Cape Wools Merino Indicator increased by 1.6% and 259 points to close at a value of R164,31 (Clean).

Opposing price shifts in North and South Islands

The 17,978 bales from New Zealand's North and South Island auctions saw an 82% clearance, with opposing price shifts in each centre seeing the South easing and the North lifting.

Australian EMI maintains historical highpoint