Weekly Wool Prices

Week Ending 13 January (Week 28)

13 January 2017

The wool market roared back to life after the three week Christmas break with three figure gains across many Merino microns. Despite the large offering of 51,300 bales, the Eastern Market Indicator (EMI) gained 67 cents to finish the three day trading week at 1422, it’s highest point in over five years and just three cents short of its all time high set back in 2011. The EMI in US dollar terms lifted 56 cents to 1061, showing true demand and concerns over supply are driving the current bull market for wool rather than currency fluctuations.

Click here to access AWI's Wool Weekly Market Report (PDF 661KB)