AWIS WOOL MARKET REVEW
Week Ending 30 September 2022 (Week 13) The AWEX EMI finished at 1255¢, 24¢ lower (-1.9%) in Australian currency and 42¢ lower (-4.9%) in US currency at sales in Sydney, Melbourne and Fremantle in Week 13. 28,141 bales were on offer nationally, compared with 35,481 bales last sale. 16.0% of the offering was passed in after 8.8% of the potential offering was withdrawn prior to sale. 23,629 bales were sold. It was the smallest sale of the season. AWEX reports that the value of the wool sold was $37.7 million ($1,595 per bale), taking the season total to $561.8 million ($1,603 per bale). The number of bales sold at auction this season is now 11.7% greater than in 2021/22.