Wool price records biggest fall in a single year

The wool markets have closed the year having posted their biggest decline on record.

480 cents per kilogram was wiped off the value of wool in 2020.

The Eastern Market Indicator closing the year at 1,157 c/kg.

Rural editor Eddie Summerfield spoke with Australian Wool Exchange Market Analyst Lionel Plunkett:

Listen to the full interview above, and Subscribe to the National Rural News podcast: http://bit.ly/RuralNewsPodcast