Week 34 Wool Market Review

AWIS WOOL MARKET REVIEW

Week Ending 24 February 2017 (Week 34)

The AWEX EMI finished 9¢ higher (+0.6%) in Australian currency and 3¢ higher (+0.3%) in US currency at sales in

Sydney, Melbourne and Fremantle this week. The season average EMI is now 1346¢, 98¢ higher than the value of

1248¢ in Week 34 last year.

The season average is also well ahead of the full season averages of 1143¢ and 1198¢ in 2010/11 and 2011/12, the last

time the market received a good boost to prices.

45,144 bales were on offer nationally, compared with 44,938 bales last sale. 5.6% of the offering was passed in.

AWIS Wool Market Review 24 February 2017 (Week 34)

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