Weekly Wool Prices

Week Ending 27 January (Week 30)

27 January 2017

Whilst the market price levels fell on most type categories this week at Australian wool auctions, the result was considered by most participants as surprisingly strong. The Eastern Market Indicator (EMI) fell 1.5% or 22ac clean/kg to 1412ac clean/kg. In AUD terms, the current level of the EMI is over 10% higher than at the same period last season, but when expressed in US dollar terms, it is far more impressive at 163usc clean/kg higher or 18%. Adding weight to the overall improvement in demand for all Merino types is that this has occurred in a season that has offered almost 65,000 bales more or 7% more volume compared to last year.

Click here to access AWI's Wool Weekly Market Report (PDF 624KB)