Weekly Wool Market Commentary 14/12/2017

Week 24: 14/12/2017 The AWEX EMI closed the calendar year on 1760c – up 61c for the week and breaking through 1700c for the first time in history. The opening markets were on a sky-rocket like trajectory, increasing over 100c in the fine medium categories, which...

Weekly Wool Market Commentary 07/12/2017

Week 23: 07/12/2017 The AWEX EMI pushed up another 23c to close the week on 1699c at auction sales in Australian this week. 49,030 bales went under the hammer with a creditable 97% clearance to the trade. Buyers entered the week scrambling to purchase wool with...

Weekly Wool Market Commentary 30/11/2017

The AWEX EMI closed the week at 1676c – up 7c for the week. A pleasing result given the 95.6% clearance of the 49,058 bale offering was possibly what took some sting out of the market late last week. As the sale roster now begins to wind down to the Christmas...

Weekly Wool Market Commentary 23/11/2017

Week 21: 23/11/2017 The AWEX EMI’s bull run halted as it closed the week on 1669c, down 14c in auction sales across Australia this week. After an unprecedented positive run upward, the change in the market could only be described as blip on the radar this week, as...

Weekly Wool Market Commentary 17/11/2017

Week 20: 16/11/2017 The AWEX EMI closed the week on 1683c up 2c and setting a new record high at auction sales this week in Australia. The apparent strength in this amazing market trend was tested by the largest offering in Australia in three months and the largest...

Weekly Wool Market Commentary 09/11/2017

Week 19: The AWEX EMI rose 58c at auction sales in Australia this week. The EMI pushed into new price record territory, closing the week on 1681c in what can only be described as a frantic grab for wool of any type. All merino types were on the menu for exporters,...