Week 12 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 20 September 2019 (Week 12)
It was a more settled market this week, when the AWEX EMI finished 7¢ higher (+0.5%) in Australian currency and 9¢ lower (-0.9%) in US currency at sales in Sydney, Melbourne and Fremantle this week.
30,135 bales were on offer nationally, compared with 19,193 bales last sale. 10.0% of the offering was passed in, while the Withdrawn Prior to Sale Rate was down to 8.6% in the more favourable market conditions.
AWEX reports that the value of the wool sold was $47.4 million ($1,747 per bale), taking the season total to $373.2 million ($1,716 per bale).