Weekly Wool Market Commentary 14/03/2019

Week 37:  The AWEX EMI closed on 1979c – down 29c at auction sales in Australia this week. The 1.4% weekly fall attracted a 12.5% pass in rate from the 40,785 bale offering, with a heavy passed in weighting in the crossbred lots across the nation and overall %...

Weekly Wool Market Report 07/03/2019

Week 36: The AWEX EMI closed at 2008c – down 8c at auction sales this week. The 45,130 went on offer presenting increasing quantities of inferior wool to the trade and slight erosion of price on the MPG’s the best style and measured types. This resulted in 8.8% of the...

Weekly Wool Market Commentary 28/02/2019

Week 35: 28/02/2019 The AWEX EMI closed at 2016c, down 11c for the week, and posting the first negative week result for the EMI for 2019. Price pressure came on when the weekly national offering increased from early estimates of 36,000 bales to the 49,000 bales. The...

Weekly Wool Market Commentary 21/02/2019

Week 34: The AWEX EMI rose 59c closing on 2027c at auction sales in Australia this week. The sharp rise was undoubtedly sparked by the news of the South African sale suspension and the import embargo placed on South Africa by China as a result of a foot and mouth...

Weekly Wool Market Commentary 14/02/2019

Week 33:  The AWEX EMI closed on 1968c – up 24c at auction sales in Australia this week. The AWEX EMI has increased 119c in a 7 week run as YOY quantity offered reduces by about 15%. A slight increase in the weekly offering and a recovery in the AUD relationship...

Weekly Wool Market Commentary 07/02/2019

Week 32: The AWEX EMI closed on 1944c – up 10c at auction sales in Australia this week. 39,894 bales were offered with 93% cleared to the trade. The weekly result was extremely pleasing from the perspective of this was the 6th consecutive week of EMI price...