AWIS WOOL MARKET REVIEW
Week Ending 22 January 2021 (Week 30)
The AWEX EMI finished 30¢ higher (+2.6%) in Australian currency and 26¢ higher (+2.9%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 30.
44,254 bales were on offer nationally, compared with 52,290 bales last sale. 7.6% of the offering was passed in after 8.5% of the potential offering was withdrawn prior to sale. 40,883 bales were sold.
AWEX reports that the value of the wool sold was $57.3 million ($1,402 per bale), taking the season total to $898.6 million ($1,277 per bale). The number of bales sold at auction this season is now 0.9% greater than in 2019/20.
