Weekly Wool Prices

Week Ending 28 October (Week 17)

28 October 2016

A major consolidation and clear demand signals were features of this weeks’ selling at the Australian wool auction sales. The entire Merino fleece offering stayed under good competition and prices remained generally firm, give or take a few cents. Crossbreds continue to wilt under a slowing demand, whilst the positive story of the week was the strength within the cardings sector and also the merino skirtings. Not much change occurred on the major trading currencies during the auctions so it was a week where it was up to the offering and physical orders to give direction. Amongst all the changes within types the Eastern Market Indicator (EMI) managed to stay rock steady at the 1331ac/clean kg mark, unchanged on a daily basis and week to week.

Click here to access AWI's Wool Weekly Market Report (PDF 689KB)