Week 52 Wool Market Report
AWIS WOOL MARKET REVIEW
Week Ending 28 June 2019 (Week 52)
The 2018/19 season closed in a downward direction when the AWEX EMI finished at 1715¢, 51¢ lower (-2.9%) in Australian currency and 19¢ lower (-1.6%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
29,167 bales were on offer nationally, compared with 19,072 bales last sale. 20.3% of the offering was passed in (including 32.0% in Fremantle.
AWEX reports that the value of the wool sold was $41.9 million ($1,802 per bale), taking the season total to $3.175 billion ($2,145 per bale).