Weekly Wool Prices

Week Ending May 1 (Week 44)

1 May 2015

Australian wool auction sales continued this week in the very positive sentiment built up over the past month or so. The Merino sector was the major recipient of the price gains this series, managing to rise a general 25ac/ clean kg in face of a substantially less attractive Australian dollar rate against the US dollar. A little stutter appeared at the broad edge of the crossbred sector which shaved a minor 5ac/ clean kg off the established quotes, but prices remain at historically high price levels. The EMI (Eastern Market Indicator) recorded a further 1.65% gain in value to finish the selling week at a level of 1172ac/clean kg, up 19ac/clean kg.

Click here to access AWI's Wool Market Weekly Report (603KB).