Week 28 Wool Market Report

Week Ending 11 January 2019 (Week 28)
The market followed on from the good finish prior to Christmas when the AWEX EMI closed 48¢ higher (+2.6%) in
Australian currency and 27¢ higher (+2.0%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
47,593 bales were on offer nationally, compared with 46,003 bales last sale. 7.0% of the offering was passed in.
It was the largest sale of the season since the first sale after the mid-year break.
AWEX reports that the value of the wool sold was $86.5 million ($1,954 per bale), taking the season total to $1.636 billion
($2,227 per bale).

AWIS Wool Market Review 11 January 2019 (Week 28)

Read More