The Australian market remains strong, with the Wool Exchange's Eastern Market Indicator (EMI) closing on November 19 at 850 Australian cents/kg clean, down 3 cents/kg (0.4%) on November 12. In US dollars, the market was down 10 cents (1.3%) at 787 US dollars/kg, with the Australian dollar falling from 93.5 US cents on November 12 to 92.7 US cents on November 18 to 92.6 US cents on November 19. In euros, the market was down 5 cents (0.9%), with the Australian dollar falling from 62.3 cents on November 12 to 62 cents on November 19. The week's offering of 47,436 bales brought a clearance of 88%.
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