Access a suite of online sheep health, welfare and productivity and enterprise profitability tools.
There are no items in your cart.
Weekly commentary on the wool market from AWI trade specialists.
After a minor halt in positive sentiment last week, Australian wool auction prices returned to a more stable and a slightly dearer tendency at this week’s unusually interrupted wool sales. Sales in Melbourne were delayed by one day due to a nearby factory fire denying access to sale rooms. As a consequence, the Melbourne wool sales did not conclude until Friday.
Download PDF 0.39 MB
Australian wool auction prices simply couldn't hang onto the highs set last week. The extensive gains of over 6 per cent in AUD (Australian dollar) terms simply could not be sustained, and the market was cheaper from the first lot put up for auction. At times it was difficult for the auctioneer to actually extract an opening bid. Subsequently a much higher pass-in rate was seen, and in particular, the Sydney market commenced to pass-in rates within the Merino fleece sector as high at 37% initially. The AWEX (Australian Wool Exchange) EMI (Eastern Market Indicator) shifted downward by 48ac/ clean kg or 2.27% to close at 2068ac clean/kg.
Download PDF 0.41 MB
Simply staggering results were achieved at Australian wool auctions this week. Before the start of sales, the substantially weaker Australian dollar (AUD) of at times 3.2% against the US Dollar (USD), clearly signalled the market was headed to dearer territory. The AWEX (Australian Wool Exchange) EMI (Eastern Market Indicator) eventually improved by a massive 126ac or 6.33% to close at the highest ever level of 2116ac clean/kg. These are both record daily and week ending levels since the EMI has been published. These prices are now over 500ac or 31% higher than last year.
Download PDF 0.53 MB
Australian wool auctions resumed this week after a three-week break in sales. A lacklustre opening was initially the trend but positive momentum then proceeded to build, thus carrying the market into positive territory by the close. The AWEX (Australian Wool Exchange) EMI (Eastern Market Indicator) improved by 9ac from the July closing level to 1990ac clean/kg. The EMI expressed in USD gained even more and added 18usc for the week to close at 1481usc.
Download PDF 0.45 MB
The final sale of the first half of the calendar year of Australian wool auction sales produced very little variation or significant movements in price. In what ended up being quite a benign week as far as activity goes, buyer and seller levels of acceptance approached normality (8.5%) after the high passed in rates (15.6%) of last week. The AWEX (Australian Wool Exchange) EMI (Eastern Market Indicator) reduced by just 0.6% or 13ac to go to the recess in sales at 1981ac clean/kg, a remarkable 459ac higher year on year. The EMI expressed in USD was also unremarkable and drifted downward by 8usc to 1463usc.
Download PDF 0.39 MB