Week 24 Wool Market Report

AWIS WOOL MARKET REVIEW

Week Ending 17 December 2021 (Week 24) The AWEX EMI finished at 1358¢, 2¢ lower (-0.1%) in Australian currency and 4¢ lower (-0.4%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 24. It was the last sale before the three week mid-season break. 40,889 bales were on offer nationally, compared with 38,106 bales last sale. 13.6% of the offering was passed in after 3.0% of the potential offering was withdrawn prior to sale. 35,315 bales were sold. AWEX reports that the value of the wool sold was $53.7 million ($1,521 per bale), taking the season total to $1.107 billion ($1,612 per bale). The number of bales sold at auction this season is now 19.7% greater than in 2020/21. The difference between this season and last season is progressively decreasing due to the upward trend in offerings as sales progressed during last season.

AWIS Wool Market Review 17 December 2021 (Week 24)

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