High wool prices are forecast to stay, as the nation's markets enter the three-week winter recess.

The Eastern Market Indicator broke through the $20 per kilogram mark for the first time earlier this year.

We're being told it's not going to slow down.

The nation's top commodities forecaster, ABARES, expects wool exports to rise by 9 percent over the next 12 months to $4.7 billion.

Rural reporter Eddie Summerfield caught up with Quality Wool Trading Manager Andrew Partridge.

High wool prices are forecast to stay, as the nation's markets enter the three-week winter recess.
The Eastern Market Indicator broke through the $20 per kilogram mark for the first time earlier this year.
We're being told it's not going to slow down.
The nation's top commodities forecaster, ABARES, expects wool exports to rise by 9 percent over the next 12 months to $4.7 billion.
Rural reporter Eddie Summerfield caught up with Quality Wool Trading Manager Andrew Partridge.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

Advertisement