Week 34 Wool Market Report

AWIS WOOL MARKET REVIEW

Week Ending 23 February 2018 (Week 34)

The AWEX EMI finished 8¢ higher (+0.4%) in Australian currency and 16¢ lower (-1.1%) in US currency at sales in

Sydney, Melbourne and Fremantle this week. The closing EMI of 1820¢ was 2¢ above the previous highest level in Week

32.

41,669 bales were on offer nationally, compared with 42,519 bales last sale. 5.6% of the offering was passed in.

The Pass-In rate was very high considering the level of the market and that the various Indicators generally moved up or

were unchanged, apart from the AWEX Merino Cardings Price Guide.

AWEX reports that the value of the wool sold was $75.5 million ($1,920 per bale), taking the season total to $2.2 billion.

AWIS Wool Market Review Week 34