Week 06 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 9 August 2019 (Week 06).
The AWEX EMI finished at 1676¢, 78¢ lower (-4.4%) in Australian currency and 88¢ lower (-7.2%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
41,543 bales were on offer nationally, compared with 34,078 bales last sale. 28.6% of the offering was passed in, including 53.5% in Fremantle.
AWEX reports that the value of the wool sold was $51.1 million ($1,724 per bale), taking the season total to $164.9 million ($1,869 per bale).