Weekly Wool Market Report 23/05/2019

Week 47:  The AWEX EMI closed on 1833c – down 60c in auction sales in Australia this week. The freefall can only be attributed to the lack of confidence in China due the US trade tariffs and the influx of South African wool after the import restriction into...

Weekly Wool Market Commentary 16/05/2019

Week 46: 16/05/2019 The AWEX EMI was delivered a savage blow in the form of a 59c fall closing on 1893c at auction sales in Australia this week. The largest EMI fall measured since November 2018 produced a whopping 21.7% passed-in rate from the 33,153 bale offering as...

Weekly Wool Market Report 09/05/2019

Week 45: The AWEX EMI closed on 1952c – down 8c at auction sales in Australia this week. The 32,801 offering was a drop of 10,000 bales from last week’s sale and the commencement of the late autumn lower volumes projected to deliver record lows from now until...

Weekly Wool Market Report 02/05/2019

Week 44: The AWEX EMI closed on 1960c, posting a 17c increase at auction sales in Australia this week. The 43,053 bale offering was met with some renewed interest from exporters after a weeks’ recess aided by the 1.7c drop in the AUD-USD exchange rate. The other...

Weekly Wool Market Commentary 17/04/2019

Week 42:  The AWEX EMI closed the week on 1943c +7c, finally posting a rise after a 6 week stint of straight losses. As we now move into the one week Easter recess, the positive sentiment could not have come at a better time. The showcase at the Sydney Royal Easter...

Weekly Wool Market Commentary 11/04/2019

Week 41:  The AWEX EMI closed on 1936c – down 7c at auction sales in Australia this week. 90% of the 37,527 bale offering cleared to the trade, with the 10% pass-in rate heavily influenced by the 17% pass-in from Western Australia auction. Merino Fleece is...