Weekly Wool Market Commentary 17/08/2017

Week 07: 17/08/2017 The AWEX EMI closed the week at 1,614c. The 64c rise the EMI was aided by Wednesdays 46c jump (the largest one day rise in over two years) putting the EMI at a new all-time high in AUD values and 25% higher than the same period last year. The main...

Weekly Wool Market Report 10/08/2017

Week 06: 10/08/2017 The AWEX EMI closed on 1550c at auction sales in Australia this week. The 28c rise was largely unexpected as the recess intelligence was grappling with rise in the AUD/USD exchange rate, which has been hovering around 79 USc for the past 10 days....

Weekly Wool Market Commentary 13/07/2017

Week 02: 13/07/2017 The AWEX EMI closed the week on 1522c, down 2c for the week. I said in last week’s report that I believed that the market would be slightly weaker on the opening day and close with a positive emotion. Whilst the end result gave us a slightly weaker...

Weekly Wool Market Commentary 06/07/2017

Week 01: 06/07/2017 The AWEX EMI closed on 1,524 down 1c at auction sales this week in Australia. OK- before anyone picks up the phone pointing out that last week the EMI closed on 1507c, the worst maths student would highlight that this was a 17c rise rather than a...

Weekly Wool Market Commentary 29/06/2017

Week 52: 29/06/2017 The AWEX EMI fell 26c to close the week on 1507c at auction sales in Australia this week. In the last sale for this financial year, there were a number of factors contributing to the market sentiment. The first possibility is the unfavourable...

Weekly Wool Market Report 22/06/2017

Week 51: 22/06/2017 The AWEX EMI closed on 1,533c adding 27c this week at auction sales in Australia.  The smallest offering for the year (22,298 bales) went under the hammer in Sydney and Melbourne with great support across the entire range of types and breeds....