An extraordinary Australian wool market this week with at least 3% of value being added to all wool types on offer.
Nothing was missed, as every description recorded strong gains. Renewed forward buying interest from most global Australian wool user destinations and advantageous foreign exchange rates ensured the positivity of last week continued throughout the selling series.
New record levels on most carding types was the highlight of the sale series across the 3 national wool selling centres, with Merino locks shooting well into the 900’s ac/clean kg and Merino sale lots suitable for carbonizing going well over the 1000 ac/clean kg mark.
Click here to access AWI's Wool Market Weekly Report (pdf 560Kb).