Weekly Wool Prices

Week Ending October 31 (Week 18)

31 October 2014

Whilst final sale results from Australian wool auctions showed only slight movements, both up and down, in the indicators, a vastly irregular market was experienced throughout the selling week. Once again the distorted movements were predominantly in the Merino fleece sector, where large volumes of high POBm (position of mid-break) sale lots tracked to a negative trajectory whilst the better wools trended upward. All other types on offer showed small losses on final quotes, as the relatively larger supply over the past few weeks has met a period of subdued demand. 

Click here to access AWI's Wool Market Weekly Report (pdf 514Kb).