Weekly Wool Prices

Week Ending September 13 (week 11)

13 September 2013

After two successive weeks of extraordinary price rises, the somewhat too familiar and inevitable “correction” occurred this week across most wool types. A combination of factors conspired to turn the market on its head . As a result, effectively 50 to 60acents was wiped off Merino fleece values as the market moved into the buyers favour.

On a more positive note, all Merino skirtings were basically maintained or became dearer at their comparatively high levels.

Click here to access AWI's Wool Market Weekly Report (pdf 1.05Mb).