AWIS WOOL MARKET REVIEW
Week Ending 1 April 2022 (Week 39) The AWEX EMI finished at 1375¢, 9¢ lower (-0.7%) in Australian currency and 5¢ lower (-0.5%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 39. 44,746 bales were on offer nationally, compared with 45,665 bales last sale. 13.1% of the offering was passed in after 6.0% of the potential offering was withdrawn prior to sale. 38,897 bales were sold. AWEX reports that the value of the wool sold was $60.1 million ($1,545 per bale), taking the season total to $1.898 billion ($1,610 per bale). The number of bales sold at auction this season is now 12.6% greater than in 2020/21.