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Weekly Price Reports

Weekly commentary on the wool market from AWI trade specialists.

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287 results
Friday, 08 February 2019

Wool market review - week ending 8 February 2019 (Week 32)

Australian wool auctions sold strongly and to dearer levels this week. Nearly all categories on offer produced sale results that were very firm or slightly dearer on their established values, except for the carding types which sold to the buyers favour throughout for most descriptions. The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) advanced by 10ac for the week to close at 1944ac clean/kg, When the EMI is measured in USD, a loss of 26usc or 1.82% was recorded to 1380usc clean/kg, eliminating 70% of last weeks’ gains in that indicator.

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Friday, 01 February 2019

Wool market review - week ending 1 February 2019 (Week 31)

In somewhat of a surprise to most trade participants, Australian wool auctions sold generally dearer this week. Pre-sale discussion centred around the continuing state of new volume forward business being hard to come by at fair and reasonable current market levels. Most expected a softening as China heads into their New Year recess over the next two weeks, but this largely failed to eventuate as the major buyers were keen to acquire volume.

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Friday, 25 January 2019

Wool market review - week ending 25 January 2019 (Week 30)

Australian wool auction sales sold under a rather mundane atmosphere this week. Market results were directly opposed by wool type as the long wool Merino sector remained very well sought and appreciated by a few cents generally, while all carding and crossbred descriptions failed to hit last week’s quotes and fell away in price somewhat. In general, Merino types were anything from unchanged to 15ac dearer, crossbreds 10 to 30ac lower and cardings recorded a 15ac loss.

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Friday, 18 January 2019

Wool market review - week ending 18 January 2019 (Week 29)

The good start to the 2019 year continued at this weeks’ Australian wool auction sales, with fine crossbred wools the recipients of the best price gains. Large volumes of drought affected super fine (<18.5u) Merino wools somewhat hampered the upward progress of that category and prices came off the boil there. Their broader counterparts of 19 to 22 micron Merino spent the week in consolidation mode as these descriptions tried to more closely align the values between the selling centres of similar wool brackets.

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Friday, 11 January 2019

Wool market review - week ending 11 January 2019 (Week 28)

Following a three week break in sales for Christmas, Australian wool auction sales resumed this week, and prices across the board advanced significantly. A wildly erratic but cheapening Australian Dollar (AUD) against all major trading currencies through the course of the recess had buyers eager to accumulate quantity from the outset of selling. Widespread and similar opinions of a dearer wool market were commonplace pre-sale as buyers returned to the show floors. By weeks end, this was exactly what had eventuated.

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