Australian wool is 'back in vogue' as the sector experiences a resurgence (australia) — ABC News – Australia
ABC News – Australia ·australia ·1 hour ago

Australian wool is 'back in vogue' as the sector experiences a resurgence

The Australian wool market has surged, with prices nearing $20 per kilogram, marking a significant recovery. The Eastern Market Indicator reached $19.89 per kilogram, up $7 from last year, as young professionals reinvigorate interest in wool despite past hardships. This revival signals a hopeful future for the industry as demand for sustainable fibres rises.

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Published 21 Jun 2026, 02:00 UTC · Updated 21 Jun 2026, 02:10 UTC

Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections