Please wait...

Subscribe to AWI's free e-newsletters

Be informed of important news, events and action alerts

Weekly Price Reports

Weekly commentary on the wool market from AWI trade specialists.

Filter and Search Weekly Market Reports

Friday, 04 May 2018

Wool market review - week ending 4 May 2018 (Week 44)

Australian wool auction markets did very little this week as far as price movement are concerned. Just a few minor adjustments in price levels were recorded and mainly downward, notwithstanding the fact that a lot of wool on offer is coming off record highs. Not all selling centres were affected adversely as the Western Australian centre at Fremantle demonstrated, as that market surged forward above and beyond the Eastern state levels, which is a rare circum-stance. The AWEX (Australian Wool Exchange) EMI (Eastern Market indicator) drifted slightly throughout selling and backed off 10ac to conclude the selling week at 1836ac per clean kg.

Download PDF 0.37 MB

Friday, 27 April 2018

Wool market review - week ending 27 April 2018 (Week 43)

All signals led to a dearer market this week at Australian wool auctions, and on the surface those expectations were largely met, but with some overriding caveats. Some extravagant gains were made on local markets, particularly within the comeback and crossbred sectors (24 to 32 micron) which is a break away from season-long trends. Indicative of this was the 25 micron price guide lifting by an extraordinary 149ac. Within the Merino sector though, a substantially weaker AUD (Australian dollar) masked some weakness of demand for the current deteriorating quality of wool on offer due to adverse seasonal conditions across the nation.

Download PDF 0.36 MB

Friday, 20 April 2018

Wool market review - week ending 20 April 2018 (Week 42)

A competitive environment saw strong gains across all wool types and descriptions at Australian wool auctions. Price gains of well over 3% in AUD (Australian dollar) were commonplace. The AUD also strengthened against the USD (US dollar) by 0.7% for the second consecutive week and so gains in USD terms were even greater. The AWEX (Australian Wool Exchange) EMI (Eastern Market indicator) gained a very healthy 49ac to close at 1825ac per clean kg. This level represents a 21% increase from just one year ago, or A$3.13 per clean kg higher.

Download PDF 0.39 MB

Friday, 13 April 2018

Wool market review - week ending 13 April 2018 (Week 41)

Following the weeks recess in auction sales, Australian wool markets performed admirably this week despite the large volumes on offer. Merino types of all descriptions sold solidly and finished the week at similar levels whilst the crossbred and carding sectors sold to a dearer tone throughout.  The AWEX (Australian Wool Exchange) EMI (Eastern Market indicator) gained 4ac to close at 1776ac per clean kg which is 264ac higher than a year ago. Despite all currencies used in wool trading appreciating by varying degrees between 0.7% and 1.2 % against the AUD (Australian dollar), the wool market bucked that usually negative causing reaction on AUD pricing locally and continued upward. By the close of auction selling the EMI when expressed in USD (US Dollars) was 1% dearer or plus 14usc at 1377usc per clean kg. This eliminated all the losses that occurred in the last sale pre-Easter in that currency.

Download PDF 0.37 MB

Thursday, 29 March 2018

Wool market review - week ending 29 March 2018 (Week 39)

On the surface Australian wool markets appeared to falter somewhat this week, but closer analysis at weeks end shows that align-ment of prices across all selling had more accurately occurred. The larger offerings of mainly Merino types allowed buyers to spread their purchasing and this saw a more price sensitive strategy play out. All of the Merino price guides between centres closed at levels remarkably similar and possibly the closest they have been all season. The AWEX (Australian Wool Exchange) EMI (Eastern Market indicator) drifted downwards by 6 cents to close at 1772ac /clean kg which is around 18% or 270ac higher than at the end of March selling a year ago.

Download PDF 0.39 MB

Filter and Search Weekly Market Reports