Week 45 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 10 May 2019 (Week 45)
The AWEX EMI finished at 1952¢, 8¢ lower (-0.4%) in Australian currency and 14¢ lower (-1.0%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
32,801 bales were on offer nationally, compared with 43,053 bales last sale. 13.4% of the offering (including 20.6% of the Merino Fleece on Thursday) was passed in.
AWEX reports that the value of the wool sold was $58.1 million ($2,045 per bale), taking the season total to $2.891 billion ($2,166 per bale).