AWIS WOOL MARKET REVIEW
Week Ending 13 May 2022 (Week 45) The AWEX EMI finished 26¢ higher (+1.9%) in Australian currency and 4¢ lower (-0.4%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 45. 41,861 bales were on offer nationally, compared with 40,153 bales last sale. 9.2% of the offering was passed in after 4.3% of the potential offering was withdrawn prior to sale. 38,026 bales were sold. AWEX reports that the value of the wool sold was $63.0 million ($1,657 per bale), taking the season total to $2.205 billion ($1,600 per bale). The number of bales sold at auction this season is now 9.1% greater than in 2020/21.