Weekly Wool Prices

Week Ending 23 June (Week 51)

23 June 2017

Wool auctions in Australia continued this week to advance price levels strongly. The Merino sector wools were once again the most sought after with good gains of 1.5 to 2% being commonplace. Crossbreds and cardings were not neglected by any means, as those wools placed a further 5 to 15ac upon their previous values. The AWEX EMI (eastern market indicator) increased 27ac/clean kg or 1.8% for the week to bring the closing level to 1533ac/clean kg. When measured in USD, the EMI rose 12usc to be 1159usc/clean kg. In both AUD and USD terms the market looks like seeing the season out at levels of almost 20% higher than 12 months ago.

Click here to access AWI's Wool Weekly Market Report (PDF 646 KB)