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Weekly Wool Market Commentary 24/05/2018

Week 47: The AWEX EMI pushed 40c higher to close the week on 1983c at auction sales in Australia this week. The new EMI record has pushed all Merino MPG’s into record territory and has the 28 MPG and the MCI at their 99th percentile ... Read More

Weekly Wool Market Commentary 17/05/2018

Week 46: The AWEX EMI continued to push through last week’s price record to set a new EMI record of 1943c. The increase measured 52c AUD (49c USC) and the calmative rises of the EMI now totals 167c. Merino Fleece categories led the charge with ... Read More

Weekly Wool Commentary 10/05/2018

Week 45: 10/05/2018 The AWEX EMI posted a 55c increase to close on 1891c at auction sales in Australia this week. The weekly increase in the EMI was the largest since February this year, in addition it surpassed the previous record for the EMI of ... Read More

Weekly Wool Market Commentary 03/05/2018

Week 43:  The AWEX EMI closed the week on 1836c - down 10c at auction sales in Australia this week. The softer tone was a little confusing given the AUD continued to fall across the selling week, however after the past few weeks it is ... Read More

Weekly Wool Market Commentary 26/04/2018

Week 43: The AWEX EMI closed the week on 1846c - posting a rise of 21c and surpassing the previous record EMI of 1834c set in February this year. The current level is 23% or 345ac higher than at the same sale week of last ... Read More

Weekly Wool Market Commentary 19/04/2018

Week 42:  The AWEX EMI closed the week on 1825c - up 49c in a week that saw every micron category post gains. The positive market sentiment followed on from last Thursday’s upward swing and both sale days shared the solid weekly rise. Predictably a ... Read More

Weekly Wool Market Commentary 12/04/2018

Week 41:  The AWEX EMI closed the week on 1776c - up 4c for the week at auction sales in Australia. The EMI posted a healthy 12c rise in USD as sales resumed after a one week Easter recess offering 54,409 bales with a credible ... Read More

Weekly Wool Market Commentary 28/03/2018

Week 39: The AWEX EMI closed the week on 1772c - down 6c at wool sales in Australia. The market reversed the previous week’s positive finish struggling from the sale opening at the special sale held at the Sydney Royal Easter Show. All merino fleece ... Read More

Weekly Wool Market Commentary 22/03/2018

Week 38: The AWEX EMI closed the week at 1778c - up 27c at auction sales in Australia. The market was generally in the hands of an irregular AUD/USD currency exchange as the AUD fell to below 76.8 US from 78c on Wednesday, then recouped ... Read More

Weekly Wool Market Commentary 15/03/2018

Week 37: The AWEX EMI continued its downward trend closing the week on 1751c - down 27c at auction sales in Australia this week. With the previous week’s losses of 52c still fresh in our minds, the trade were expecting the market to find a ... Read More

Weekly Wool Market Commentary 08/03/2018

Week 36: The AWEX EMI closed on 1778c, down 52c, at auction sales in Australia this week. The negative reaction to last week’s record high EMI (1830c) took some of the industry by surprise which was reflected in the 11% pass in rate from the ... Read More

Weekly Wool Market Commentary 01/03/2018

Week 35: 01/03/2018 The AWEX EMI pushed to new (end of week) heights closing on 1830c - up 10c for the week at auction sales in Australia. The 93.4% of the 44,150 bale offering was cleared as exporters started the selling week on a positive ... Read More

Weekly Wool Market Commentary 22/02/2018

Week 34: The AWEX EMI posted an 8c rise to close the week on 1820c at auction sales in Australia this week. The local market was aided by a depreciating currency exchange (AUD -1.7% v USD) which in effect means that whilst the EMI has ... Read More

Weekly Wool Market Commentary 15/02/2018

Week 33:  The AWEX EMI endured a slight correction falling by 6c and closing on 1812c after last week’s sharp rise. The correction was evident from the auctions opening as buyers immediately felt the pressure of tougher business conditions with their OS customers. The AUD ... Read More

Weekly Wool Market Commentary 08/02/2018

Week 32: 08/02/2018 The wool market found its mojo once again at auction sales in Australia this week. The benchmark AWEX EMI added a massive 80c (the largest weekly rise since Jan 2011) and closed the week at 1818c at auction. In effect, this week ... Read More

Weekly Wool Market Report 01/02/2018

Week 31: 01/02/2018 The AWEX EMI closed the week at 1738c - down 6c at auction sales held across Australia this week. The market opened with some price base after last week’s freefall correction posting solid numbers across most of the Merino MPG’s. Merino Fleece: ... Read More

Weekly Wool Market Commentary 24/01/2018

Week 30: 24/01/2018 The AWEX EMI closed on 1744c at auction sales in Australia this week. The 42,525 bale offering attracted an unexpected 57c price fall from last week’s levels, however it did not represent a fall across all MPG’s. Merino fleece continued the trend ... Read More

Weekly Wool Market Commentary 18/01/2018

Week 29: 18/01/2018 The AWEX EMI closed the week at 1801c, down 17c, in a more realistic result at this week’s auction sales in Australia. The 54,350 offering, in this raging upward market trend, provided the buyers the ability to be more selective in their ... Read More

Weekly Wool Market Commentary 11/01/2018

Week 28: 11/01/2018 It was a late Christmas present BUT one worth waiting for; the AWEX EMI opened the New Year with another stellar performance closing the week on 1818c, rising 58c for the week. There was some apprehension prior to the sale week at ... Read More

Weekly Wool Market Commentary 14/12/2017

Week 24: 14/12/2017 The AWEX EMI closed the calendar year on 1760c - up 61c for the week and breaking through 1700c for the first time in history. The opening markets were on a sky-rocket like trajectory, increasing over 100c in the fine medium categories, ... Read More

Weekly Wool Market Commentary 07/12/2017

Week 23: 07/12/2017 The AWEX EMI pushed up another 23c to close the week on 1699c at auction sales in Australian this week. 49,030 bales went under the hammer with a creditable 97% clearance to the trade. Buyers entered the week scrambling to purchase wool ... Read More

Weekly Wool Market Commentary 30/11/2017

The AWEX EMI closed the week at 1676c - up 7c for the week. A pleasing result given the 95.6% clearance of the 49,058 bale offering was possibly what took some sting out of the market late last week. As the sale roster now begins ... Read More

Weekly Wool Market Commentary 23/11/2017

Week 21: 23/11/2017 The AWEX EMI’s bull run halted as it closed the week on 1669c, down 14c in auction sales across Australia this week. After an unprecedented positive run upward, the change in the market could only be described as blip on the radar ... Read More

Weekly Wool Market Commentary 17/11/2017

Week 20: 16/11/2017 The AWEX EMI closed the week on 1683c up 2c and setting a new record high at auction sales this week in Australia. The apparent strength in this amazing market trend was tested by the largest offering in Australia in three months ... Read More
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