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...

Weekly Wool Market Commentary 04/04/2019

Week 40: The AWEX EMI closed on 1943c – down 4c at Auction sales in Australia this week. Just 87.2% of the 37,445 offering was cleared to the trade as the EMI posted its 6th successive weekly loss in AUD terms, whilst the EMI in US terms posted a 1c rise this...