Week 18 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 2 November 2018 (Week 18)
The AWEX EMI finished at 1854¢, 20¢ lower (-1.1%) in Australian currency and 4¢ lower (-0.3%) in US currency at sales
in Sydney, Melbourne and Fremantle this week.
35,124 bales were on offer nationally, compared with 33,371 bales last sale. 16.3% of the offering was passed in.
AWEX reports that the value of the wool sold was $60.9 million ($2,072 per bale), taking the season total to $1.163 billion
($2,343 per bale).
The New Zealand Merino Company also offered 660 bales in Melbourne on Wednesday, of which 35.8% were passed in.