Global uncertainty influences Aussie market

摘要

The Wool Exchange's Eastern Market Indicator (EMI), closed on November 25 at 1,011 Australian cents/kg clean, down 20 cents (1.9%) on the last sale held on November 18. Fears over the Irish financial bail-out and the attack on South Korea are believed to have affected market demand, said experts, who suggested that the global uncertainty caused caution in the market. Analysts also regard the easing of the market as an inevitable correction, following the unsustainable rise in Drices since the end of September.