Week 43 Wool Market Review

Week Ending 28 April 2023 (Week 43)

Sales on were held on Wednesday and Thursday this week following the ANZAC Day Public Holiday on Tuesday. The AWEX EMI finished 13¢ higher (+1.0%) in Australian currency and 3¢ lower (-0.3%) in US currency at sales in Sydney, Melbourne and Fremantle on Thursday. 38,505 bales were on offer nationally, compared with 52,951 bales last sale. 9.2% of the offering was passed in after 7.2% of the potential offering was withdrawn prior to sale. 34,967 bales were sold. AWEX reports that the value of the wool sold was $50.3 million ($1,438 per bale), which took the season total past the $2 billion milestone to $2.040 billion ($1,546 per bale). The number of bales sold at auction this season is now 0.3% greater than in 2021/22.


AWIS Wool Market Review 28 April 2023 (Week 43