Week 49 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 7 June 2019 (Week 49)
The AWEX EMI finished at 1864¢, 23¢ lower (-1.2%) in Australian currency and 8¢ lower (-0.6%) in US currency at sales in Sydney and Melbourne this week. There was no sale in Fremantle.
21,739 bales were on offer nationally, compared with 28,273 bales last sale. 15.6% of the offering was passed in.
AWEX reports that the value of the wool sold was $35.2 million ($1,918 per bale), taking the season total to $3.061 billion ($2,153 per bale).