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...

Weekly Wool Market Commentary 28/03/2018

Week 39: The AWEX EMI closed the week on 1772c – down 6c at wool sales in Australia. The market reversed the previous week’s positive finish struggling from the sale opening at the special sale held at the Sydney Royal Easter Show. All merino fleece categories...

Weekly Wool Market Commentary 22/03/2018

Week 38: The AWEX EMI closed the week at 1778c – up 27c at auction sales in Australia. The market was generally in the hands of an irregular AUD/USD currency exchange as the AUD fell to below 76.8 US from 78c on Wednesday, then recouped some of the losses on...

Weekly Wool Market Commentary 15/03/2018

Week 37: The AWEX EMI continued its downward trend closing the week on 1751c – down 27c at auction sales in Australia this week. With the previous week’s losses of 52c still fresh in our minds, the trade were expecting the market to find a new level. However,...

Weekly Wool Market Commentary 08/03/2018

Week 36: The AWEX EMI closed on 1778c, down 52c, at auction sales in Australia this week. The negative reaction to last week’s record high EMI (1830c) took some of the industry by surprise which was reflected in the 11% pass in rate from the 45,536 bales offered. The...