Weekly Wool Prices

Week Ending 9 December (Week 23)

9 December 2016

A most extraordinary week at Australian wool auctions with wildly differing results being achieved on a day to day basis. In a nutshell, the market fell 50ac immediately upon opening, then firmed to remain relatively unchanged on the middle day and then rose 20ac on the final day. The adverse market movements were on the Merino fleece, carding and skirting sectors. The crossbred types experienced much better results and this segment saw levels improve by as much as 25ac clean/kg. The Eastern Market Indicator (EMI) fell 29ac clean/kg from the seasonal high level and concluded the week at 1349ac clean/kg.

Click here to access AWI's Wool Weekly Market Report (PDF 611KB)