Week 08 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 23 August 2019 (Week 08).
The AWEX EMI finished at 1497¢, 16¢ lower (-1.1%) in Australian currency and 11¢ lower (-1.1%) in US currency at sales in Sydney and Melbourne this week.
26,495 bales were on offer nationally, compared with 35,416 bales last sale. The Pass-In rate of 15.9% and the Withdrawn Rate of 4.8% were much more moderate this week.
AWEX reports that the value of the wool sold was $37.0 million ($1,661 per bale), taking the season total to $240.5 million ($1,793 per bale).