After a quiet December, the AuctionsPlus online offer board had a huge start to the new year, with a total of 3,620 bales sold for the month of January. This rise of 375% from the month prior can be largely attributed to the confidence that resulted in a steady rise in prices throughout January as buyers and brokers alike returned after the holiday season and physical centers reopened.

ADVERTISEMENTS
The AuctionsPlus wool offer board steadied in November, with a total of 1,869 bales sold for the month – a decrease of 891 bales f...
The AuctionsPlus online offer board leapt ahead for October, with a total of 2,760 bales sold for the month. This increase of 146%...
The AuctionsPlus online wool offer board sold 1,893 bales for the month of September - an increase of 121% from the previous month...
The AuctionsPlus wool offer board steadied in November, with a total of 1,869 bales sold for the month – a decrease of 891 bales from October.
The AuctionsPlus online offer board leapt ahead for October, with a total of 2,760 bales sold for the month.
The AuctionsPlus online wool offer board sold 1,893 bales for the month of September - an increase of 121% from the previous month.
The national wool market experienced a positive shift this week after the steady decline of recent weeks.
This week saw the re-opening of the Fremantle selling centre, after a week recess.
The AWEX Eastern Market Indicator (EMI) rose 19c on Tuesday and then fell 4c on Wednesday, overall closing out the week up 15c at 1,350c/kg, or 978c/kg in US dollar terms.
The AWEX Eastern Market Indicator (EMI) closed at 1,332c/kg on Tuesday, a 40c drop from the previous week’s performance.
This week saw selling centres return to auction after a three-week recess with the first week back seeing significant price decreases.

Sign up to our weekly news updates

Connecting with communities across regional and rural Australia.