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.

AWIS Wool Market Review 14 April 2017 (Week 41)