Week 51 Wool Market Report
AWIS WOOL MARKET REVEW
Week Ending 18 June 2021 (Week 51)
The AWEX EMI finished 55¢ higher (+3.9%) in Australian currency and 27¢ higher (+2.5%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 51.
42,496 bales were on offer nationally, compared with 36,288 bales last sale. 4.6% of the offering was passed in after 4.2% of the potential offering was withdrawn prior to sale. 40,527 bales were sold.
AWEX reports that the value of the wool sold was $69.5 million ($1,715 per bale), taking the season total to $2.110 billion ($1,413 per bale). The number of bales sold at auction this season is now 26.5% greater than in 2019/20.