Weekly Wool Prices

Week Ending 21 October (Week 16)

21 October 2016

This week at Australian wool auction sales, the entire Merino offering came under heavy buying pressure forcing prices up once more. Despite all of the major trading currencies going severely against the AUD local price advantage, all buyers and exporters showed a willingness to participate fully in acquiring inventory. This strong buying activity forced prices up against the hampering forex influence, reinforcing the view of the increasing demand scenario emanating from all wool manufacturing destinations.

Click here to access AWI's Wool Weekly Market Report (PDF 682KB)