Market News

Weekly Wool Market Commentary 05/05/2016

Wk 45 5/05/2016. The AWEX EMI gained 27c closing at 1268c at auction sales in Australia this week. The increase was largely contributed to the fall in the $A as a result of the drop in the official cash interest rate (1.75%) and coupled with ... Read More

Sydney Royal Easter Show Bus Trip (Gallery)

Ross Loudon escorted clients to Sydney to attend the Live Wool Auction and see our Auctioneers John Nixon and Dave Ward in action at the Royal Easter Show. A brief stop at the Yennora Distribution Center on the Tuesday allowed the growers to view the ... Read More

Weekly Wool Market Commentary 28/04/2016

Wk 44 28/04/2016. The AWEX EMI recovered some of the past fortnight’s losses closing on 1,241c up 24c. The catalyst for the upward swing was the low inflation figures early in the week which sent the AUD into a 2% tail spin. The AUD fell ... Read More

Weekly Wool Market Commentary 21/04/2016

Wk 43 21/04/2016. The AWEX EMI suffered another loss, falling 24c at auction sales in Australia this week. Now on 1217c the AWEX EMI returns to levels experienced in early March however this week’s fall was largely due to the appreciating AUD which reached a ... Read More