Weekly Wool Commentary 10/05/2018

Week 45: 10/05/2018 The AWEX EMI posted a 55c increase to close on 1891c at auction sales in Australia this week. The weekly increase in the EMI was the largest since February this year, in addition it surpassed the previous record for the EMI of 1847c set in April...

Weekly Wool Market Commentary 03/05/2018

Week 43:  The AWEX EMI closed the week on 1836c – down 10c at auction sales in Australia this week. The softer tone was a little confusing given the AUD continued to fall across the selling week, however after the past few weeks it is not surprising that the...

Weekly Wool Market Commentary 26/04/2018

Week 43: The AWEX EMI closed the week on 1846c – posting a rise of 21c and surpassing the previous record EMI of 1834c set in February this year. The current level is 23% or 345ac higher than at the same sale week of last year with 50,000 more bales sold through...

Weekly Wool Market Commentary 19/04/2018

Week 42:  The AWEX EMI closed the week on 1825c – up 49c in a week that saw every micron category post gains. The positive market sentiment followed on from last Thursday’s upward swing and both sale days shared the solid weekly rise. Predictably a low 3.4% of...

Weekly Wool Market Commentary 12/04/2018

Week 41:  The AWEX EMI closed the week on 1776c – up 4c for the week at auction sales in Australia. The EMI posted a healthy 12c rise in USD as sales resumed after a one week Easter recess offering 54,409 bales with a credible 94% clearance. The weaker trend of...