Week 41 Wool Market Review
The AWEX EMI bounced back to finish 53¢ higher (+3.6%) in Australian currency and 34¢ higher (+3.1%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
43,026 bales were on offer nationally, compared with 46,104 bales last sale. 5.5% of the offering was passed in.
AWEX reports that the value of the wool sold was $67.2 million ($1,653 per bale).
These were the last sales prior to the one week Easter break. The first sale after the break is currently expected to be around 50,000 bales.