Wool Market Report Week 30

AWIS WOOL MARKET REVIEW

Week Ending 26 January 2018 (Week 30)

The AWEX EMI finished at 1744¢, 57¢ lower (-3.2%) in Australian currency and 36¢ lower (-2.5%) in US currency at sales in

Sydney, Melbourne and Fremantle this week. Cotton Futures prices also eased during the week – by 3.0 – 3.5% up to July.

42,525 bales were on offer nationally, compared with 54,350 bales last sale.

Not surprisingly, the Pass-In Rate moved up to 14.3%, comprising 8.4% of the Merino Fleece, 14.6% of the Merino Skirtings,

21.8% of the Oddments (which came under a lot of pressure); and 22.6% for the crossbreds.

AWEX reports that the value of the wool sold was $73.4 million ($2,015 per bale), taking the season total to $1.9 billion.

 

AWIS Wool Market Review Week 30

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