Weekly Wool Prices

Week Ending October 17 (Week 16)

17 October 2014

Australian wool auctions staggered slightly this week under the large offering put before the trade. With the eventual volume falling just short of 50,000 bales, it was only the best super fine Merino types that extended their gains, and only in the Sydney centre, where a large selection of wool sourced from the New England district featured prominently. These better wools managed to put on a further 15ac clean/kg whilst all other sections corrected to varying degrees after the impressive rises of the past two weeks.

Click here to access AWI's Wool Market Weekly Report (pdf 504Kb).