AWIS WOOL MARKET REVIEW
Week Ending 2 April 2021 (Week 40)
The AWEX EMI finished 15¢ higher (+1.2%) in Australian currency and 11¢ higher (+1.1%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 40.
44,220 bales were on offer nationally, compared with 38,564 bales last sale. 9.5% of the offering was passed in after 5.9% of the potential offering was withdrawn prior to sale, leaving 40,035 bales as sold.
AWEX reports that the value of the wool sold was $59.0 million ($1,474 per bale), taking the season total to $1.501 billion ($1,358 per bale). The number of bales sold at auction this season is now 8.5% greater than in 2019/20.
