Australian wool markets presented a very light volume of 26,066 bales for sale this week. As can quite often happen in such small offerings, the market was uninspiring and basically maintained the ruling price levels. Only minor price alignments between centres occurred. With only the two eastern selling centres operating, auction participants were using cautious buying strategies and were reticent to force the market either way. By week’s end this resulted in the AWEX EMI drifting downwards a very minor 3acents clean/kg.
Click here to access AWI's Wool Market Weekly Report (pdf 484Kb).