AWIS WOOL MARKET REVIEW
Week Ending 25 March 2022 (Week 38) The AWEX EMI finished at 1384¢, 24¢ lower (-1.7%) in Australian currency and 4¢ higher (+0.4%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 38. 45,665 bales were on offer nationally, compared with 47,676 bales last sale. 16.8% of the offering was passed in after 4.1% of the potential offering was withdrawn prior to sale. 37,980 bales were sold. AWEX reports that the value of the wool sold was $57.0 million ($1,501 per bale), taking the season total to $1.838 billion ($1,613 per bale). The number of bales sold at auction this season is now 11.2% greater than in 2020/21.