The AWEX Regional Indicators finished 5.6% lower, on average, at sales in Sydney, Melbourne and Fremantle this week. The US exchange rate rose by 0.5%.
It was a disappointing opening sale after the Easter break. Demand from all parts of the world was very subdued on each of the three selling days leading to overall falls on each day. Falls occurred across all wool types and micron ranges. It was also a large sale.