Weekly Wool Market Commentary 17/01/2019

Week 29:  The AWEX EMI closed on 1923c – up 13c at auction sales in Australia this week. 51,703 bales went under the hammer and 93.3% cleared to the trade. With an offering of 51,703 bales, exporters were able to be slightly more selective, and as a result, each...

Weekly Wool Market Commentary 10/01/2019

Week 28:  The AWEX EMI closed the week on 1910c – up 48c in the opening sale of 2019. The 47,593 bale offering was greeted with immediate urgency from exporters after the 3-week Christmas holiday recess, and despite the solid price increase, 7% of the national...

Weekly Wool Market Commentary 13/12/2018

Week 24:  The AWEX EMI closed on 1862c – up 13c at auction sales in Australia. The last sale of the year had anticipated the 46,000 bale offering would present a challenge, however it produced a strong finish. The market strength was more prominent in the merino...

Weekly Wool Market Commentary 06/12/2018

Week 23: The AWEX EMI closed on 1849c – down 11c at Auction sales in Australia. In the northern region, the Merino MPG’s increased in price whilst crossbred gave back most of the previous week’s substantial rises. Currency exchange weakened by .9% over the week...

Weekly Wool Market Commentary 29/11/2018

Week 22:  The AWEX EMI closed on 1860c, +2c at auction sales in Australia this week. Despite the moderately positive result, the 34,513 bales was met with somewhat apprehensive bidding after the sharp price increase of last week across a wide range of types resulting...

Weekly Wool Market Commentary 22/11/2018

Week 21:  The AWEX EMI posted a 77c rise, closing the week on 1858c at auction sales in Australia this week. The second week of positive price outcomes was welcomed by both seller and buyer – a much needed reversal of the 292c landslide experienced since June...