Week 06 Wool Market Report


Week Ending 13 August 2021 (Week 06) The AWEX EMI finished at 1372¢, 56¢ lower (-3.9%) in Australian currency and 55¢ lower (-5.2%) in US currency when sales resumed after the mid-year break in Sydney, Melbourne and Fremantle in Week 06. 49,181 bales were on offer nationally, compared with 49,003 bales in the previous sale. Growers responded to the fall by passing in 33.2% of the offering after 7.3% of the potential offering was withdrawn prior to sale. 32,839 bales were sold. AWEX reports that the value of the wool sold was $45.7 million ($1,392 per bale), taking the season total to $193.3 million ($1,610 per bale). The number of bales sold in the first three sales of the season was 37.3% greater than in 2019/20.

AWIS Wool Market Review 13 August 2021 (Week 06)

Read More