Weekly Wool Prices

Week Ending 2 December (Week 22)

2 December 2016

Positive action again this week at the Australian wool auction markets extended the gains made in recent sales. A further 1% in general was added to price levels. The Merino sector of all types and descriptions continues to dominate the interest of buyers, although this week saw the more intense activity contract to mainly those wools of 18.5 micron and finer. Chinese activity was again very much in evidence, but forward sellers and traders provided plenty of competition as the end of the first half of the season approaches rapidly. The Eastern Market Indicator (EMI) advanced by 15ac clean/kg to conclude the week setting a new seasonal high level of 1378ac clean/kg.

Click here to access AWI's Wool Weekly Market Report (PDF 640KB)