Wool Market Review Week 46

AWIS WOOL MARKET REVIEW

Week Ending 18 May 2018 (Week 46)

In another record week, the AWEX EMI finished 52¢ higher (+2.7%) in Australian currency and 55¢ higher (+3.9%) in US

currency at sales in Sydney, Melbourne and Fremantle this week. The Western Market Indicator finished 62¢ higher

(+3.1%) in Australian currency and 63¢ higher (+4.2%) in US currency

36,398 bales were on offer nationally, compared with 37,842 bales last sale. 2.3% of the offering was passed in.

AWEX reports that the value of the wool sold was $73.2 million ($2,059 per bale). The season total is now $3.1 billion,

$595 million (24.0%) greater than at the same week last year.

AWIS Wool Market Review Week 46

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