Weekly Wool Prices

Week Ending 22 January (Week 30)

22 January 2016

The positive mood, amid the general global financial woes, continued this week at Australian Wool auction sales. The wool market seems to have a habit of resisting the trajectory and severity of reactions of the major traded financial and commodity products. Whilst exporters approached the week with some trepidation given the large volume available, confidence grew as the week progressed, and nearly all wool types and descriptions on offer posted gains for the series. The Eastern Market Indicator (EMI) increased 14ac/clean kg to close at 1296ac/clean kg. This is an AUD level of over 23% better than the same period of last season. In contrast to this, the EMI when expressed in USD is 47usc/clean kg higher at 895usc/clean kg or 5.6% better.

Click here to access AWI's Wool Weekly Market Report (PDF 610KB)