Week S39: 26/03/2025: The AWEX EMI closed on 1245c, down 5c at auction sales held in Australia this week. With 39,048 bales going under the hammer 92.8% cleared to the trade. Despite the favourable currency exchange in US terms the EMI fell by 10c to close the week on 786c. The market opened on Tuesday generally unchanged in all centres with Australia’s largest local trading exporters dominating the purchases. They were heavily supported by the Chinese Indent operators and the largest Chinese Top maker. The final day are selling was the polar opposite with an unravelling of the price structures built up over the past four weeks, posting price falls of between -1c to -29c recorded across the three Selling centres! The Northern Market Indicator managed to hold within 3c of its previous week’s levels whilst the Southern and Western indices falling 6c and 7c respectively.