Week 37 Wool Market Report

AWIS WOOL MARKET REVIEW

Week Ending 18 March 2022 (Week 37) The AWEX EMI finished at 1408¢, 5¢ lower (-0.4%) in Australian currency and 4¢ lower (-0.4%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 37. 47,676 bales were on offer nationally, compared with 49,431 bales last sale. 11.8% of the offering was passed in after 2.9% of the potential offering was withdrawn prior to sale. 42,046 bales were sold. AWEX reports that the value of the wool sold was $66.4 million ($1,579 per bale), taking the season total to $1.781 billion ($1,615 per bale). The number of bales sold at auction this season is now 13.3% greater than in 2020/21.

AWIS Wool Market Review 18 March 2022 (Week 37)

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