Weekly Wool Prices

Week Ending 28 August (Week 9)

28 August 2015

The Australian wool market has proven not to be immune to the turbulent global economic problems this week as auction prices retracted by around 40ac/clean kg for consecutive weeks. Much of the negative sentiment stemmed from factors not usually associated with wool trading, but with our largest customer being at the centre of the general turmoil, it was somewhat inevitable that the market was to suffer as a result of the external issues. The EMI (Eastern Market Indicator) closed the week at 1222ac/clean kg, falling identically by 41ac/clean kg compared to the previous selling week.

Click here to access AWI's Wool Weekly Market Report (PDF 566KB)