This week saw solid gains across all micron prices with the finer wools again attracting the most demand. The AWEX Eastern Market Indicator made large gains this week, increasing 50c, to close out the week at 1,393c/kg or 1,078c in US dollar terms.
The national wool offering remained steady this week, offering 43,940 bales at national selling centres, rising steadily from the 41,857 sold last week.
There was a reduced offering at physical selling centres, falling from 54,899 bales offered the previous week to 41,857 bales (42,949 estimated) this week.
The national wool offering this week at physical selling centres was 54,899 bales (54,750 estimated) which was an increase from last week’s 48,760 bales.
