Week 35 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 26 February 2021 (Week 35)
The AWEX EMI finished at 1306¢, 12¢ lower (-0.9%) in Australian currency and 19¢ higher (+1.9%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 35.
50,138 bales were on offer nationally, compared with 44,376 bales last sale. 18.4% of the offering was passed in after 4.8% of the potential offering was withdrawn prior to sale. 40,908 bales were sold.
AWEX reports that the value of the wool sold was $61.2 million ($1,496 per bale), taking the season total to $1.208 billion ($1,338 per bale). There is no comparative data for the number of bales sold as there was no sale in Week 35 last year.