Weekly Wool Market Commentary 22/08/2018

Week 08: 22/08/2018 The AWEX EMI gave back half of its previous week’s gains closing on 2068c – a loss of 48c. The market opened in Sydney and Melbourne on Tuesday and the weaker trend was in play instantly with one of the first fleece catalogues passing in 35%...

Weekly Wool Market Commentary 16/08/2018

Week 07: 16/08/2018 The AWEX EMI increased 126c to close the week at 2116c at auction sales in Australia. 36,302 bales went on offer in Sydney Melbourne and Fremantle with 98.5% of the offering cleared as emotive buying took over in the sale rooms. Wednesdays opened...

Weekly Wool Market Commentary 09/08/2018

Week 06:  The AWEX EMI closed on 1990c delivering a 9c increase for the week. The positive result produced a clearance rate of 95.3% of the 49,415 bale offering, as auction sales resumed after their three week recess. The expectations going into the week were well...

Weekly Wool Market Commentary 12/07/2018

Week 02:  The AWEX EMI closed on 1981c – down 13c at auction sales in Australia this week. The softer market seemed to find a level that traders and exporters were comfortable to purchase by midway through Wednesday’s sale. By Thursday, there were some more...

Weekly Wool Market Commentary 05/07/2018

Week 01: 05/07/2018 The AWEX EMI closed the week on 1994c, down 62c at auction sales in Australia this week. The $64m question of what factors triggered the opening sale of the New Financial year that resulted in the largest fall in 6 years. Whilst there may be a...