Week 35 Wool Market Review

AWIS WOOL MARKET REVIEW

Week Ending 2 March 2018 (Week 35)

The AWEX EMI finished 10¢ higher (+0.5%) in Australian currency and 6¢ lower (-0.4%) in US currency at sales in

Sydney, Melbourne and Fremantle this week.

44,150 bales were on offer nationally, compared with 41,669 bales last sale. 6.6% of the offering was passed in, including

5.1% of the Merino Fleece and 5.8%% of the Merino Skirtings. Very high figures when the EMI is at a record level.

AWEX reports that the value of the wool sold was $83.0 million ($2,013 per bale), taking the season total to $2.3 billion.

AWIS Wool Market Review Week 35