Weekly Wool Prices

Week Ending 5 May (Week 44)

5 May 2017

Extraordinarily strong price rises in the Merino sector featured at Australian wool auctions this past week. Gains of between 3 to 5% were recorded across the 17 to 22 micron area as 3 or 4 of the major buyers exerted extreme purchasing pressure in the suddenly reduced offerings. The 38,000 bales on offer appeared to be short of what the trade demand currently requires, hence the upward spiralling price movements.

Click here to access AWI's Wool Weekly Market Report (PDF 609 KB)