Weekly Wool Market Commentary 11/07/2019

Week 02: The AWEX EMI closed on 1754c, +31c at auction sales in Australia this week. 94% of the 34,080 bale offering was cleared to the trade in the last sale before the three week mid-year recess. This assisted the market back up last week’s AWEX EMI bounce, as...

Weekly Wool Market Commentary 04/07/2019

Week 01:  The AWEX EMI gained 8c, closing the week on 1723c at auction sales in Australia. Almost 94% of the 30,000 bale offering was cleared to the trade, and post-sale we witnessed a number of passed in lots being transacted as well as lots being sold presale on...

Weekly Wool Market Commentary 27/06/2019

Week 52: The AWEX EMI closed on 1715 – down 51c at auction sales in Australia this week. The free fall continues as exporters report a void in the confidence of any contracts being written with China and subsequently Europe and India. June measured the largest...

Weekly Wool Market Commentary 20/06/2019

Week 51:  The AWEX EMI closed on 1766c – down 57c at auction sales in Australia this week. The second last sale of the financial year offered a meagre 19,072 bales in Sydney and Melbourne with Fremantle sellers sitting on the sidelines this week. The 12.8% pass...

Weekly Wool Market Commentary 13/06/2019

Week 50: The AWEX EMI closed on 1823c – down 41c at auction sales in Australia this week. The offering of 28,140 bales was met with more buyer apprehension, as trading condition slowly worsened in our major markets. The 21.3% pass in rate varied wildly across...