Week 01 Wool Market Review
AWIS WOOL MARKET REVIEW
Week Ending 9 July 2021 (Week 01)
The AWEX EMI finished at 1420¢, 3¢ lower (-0.2%) in Australian currency and 11¢ lower (-1.0%) in US currency at sales in Sydney, Melbourne and Fremantle in the first sale of the new season.
51,260 bales were on offer nationally, compared with 42,847 bales last sale and 30,821 bales in Week 01 last year. 12.6% of the offering was passed in after 3.6% of the potential offering was withdrawn prior to sale. 44,819 bales were sold, which was 53.2% greater than in 2019/20
AWEX reports that the value of the wool sold was $75.7 million ($1,689 per bale).