Week 36 Wool Market Review

AWIS WOOL MARKET REVIEW

Week Ending 11 March 2022 (Week 36) The AWEX EMI finished 6¢ higher (+0.4%) in Australian currency and 7¢ higher (+0.7%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 36. 49,431 bales were on offer nationally, compared with 50,120 bales last sale. 10.0% of the offering was passed in after 4.3% of the potential offering was withdrawn prior to sale. 44,492 bales were sold. AWEX reports that the value of the wool sold was $71.7 million ($1,612 per bale), taking the season total to $1.715 billion ($1,615 per bale). The number of bales sold at auction this season is now 13.7% greater than in 2020/21.

AWIS Wool Market Review 11 March 2022 (Week 36)

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