The Australian wool market showed signs of recovery this week as a small offering and stronger demand pushed prices up by 4.5 percent on average values, analysts said on Friday.
The AWEX Eastern Market Indicator (EMI) rose 36 cents to finish the week at 827 cents a kg clean, based on increases of 25 cents in the northern market (Sydney) and 46 cents in the southern market (Melbourne).
Their regional indicators ended the week at 833 and 822 cents a kg, respectively.