Weekly Wool Prices

Week Ending August 29 (Week 09)

29 August 2014

Whilst prices remained just relatively firm across the Australian wool auctions this week, most participants considered the week a surprisingly good result. With the widely held pre sale expectation of a further softening, all sections held on remarkably well, and in fact a minor, but general, strengthening occurred on the final day. Whilst briefly dipping below four figures on the first day, the EMI managed to conclude the selling week at 1002acents clean/kg, a modest 1acent clean/kg gain.

Click here to access AWI's Wool Market Weekly Report (pdf 468Kb).