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Weekly Price Reports

Weekly commentary on the wool market from AWI trade specialists.

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Friday, 19 January 2018

Wool market review - week ending 19 January 2018 (Week 29)

Australian wool auction markets generally consolidated around ruling price levels this week after the strong gains of the opening sale. Some handy advances did continue on super fine (16.5u to 17.5u) and ultra fine (finer than 16.5u) Merino wools, but on the whole, the market eased by around 20ac clean/kg in Australian dollar (AUD) terms. Significantly though, the market was largely unchanged to slightly dearer when expressed on a US dollar (USD) basis. This is significant given the world largely buys wool in this currency and therefore this is a true reflection of the market. The AWEX EMI (Australian Wool Exchange Eastern Market Indicator) eased back 17ac for the week to close at 1801 ac clean/kg, but actually gained 3usc to finish at 1434usc clean/kg.

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Friday, 12 January 2018

Wool market review - week ending 12 January 2018 (Week 28)

In a ground-breaking opening Australian wool auction for 2018, the record AWEX EMI (Australian Wool Exchange- Eastern Market Indicator) set at last year’s end, was smashed and an unprecedented price set for the 13th time this season. The Christmas and New year break did nothing to slow down the surging finish of 2017, and resulted in healthy gains recorded for all segments of wool on offer as buyers competed to secure lots after the 3-week recess.

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Friday, 15 December 2017

Wool market review - week ending 15 December 2017 (Week 24)

Yet another historical week at Australian wool auctions which has seen the AWEX EMI (Australian Wool Exchange - Eastern Market Indicator) week-ending figure record broken again for the 12th time this season. The strong price surge of last week was seen and raised for all sectors of wool on offer, with all micron bands recording im-pressive gains. This keen interest smashed the EMI through the 1700 ac mark to close at 1760ac, a lift of 61ac clean kg. This surpassed the previous record high of 1699ac level hit just last week.

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Friday, 08 December 2017

Wool market review - week ending 8 December 2017 (Week 23)

A historical week at Australian wool auctions which has seen the AWEX EMI (Australian Wool Exchange - Eastern Market Indicator) week-ending figure record broken again for the 11th time this season. A strong price surge came from surprising sectors of all of the crossbreds and cardings wools on offer, but all wools were strongly sought after. This renewed interest helped lift the EMI 23ac to 1699ac clean kg, outstripping the previous record high of 1689ac level hit 3 weeks ago.

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Friday, 01 December 2017

Wool market review - week ending 1 December 2017 (Week 22)

The cheaper market seen at Australian wool auctions last week has failed to turn into a trend, with the market rebounding nicely this week. All Merino types have either stabilised around their established values or increased in price to varying degrees. Crossbred wools showed some signs of stability but some minor losses were recorded for the week. The carding segment of the offering has maintained its strong levels and traded mostly firm unchanged throughout on an indicator level across all types in that sector, even though some pluses and minuses were evident in specific types.

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