AWIS WOOL MARKET REVIEW
Week Ending 21 April 2023 (Week 42) The AWEX EMI finished at 1289¢, 11¢ lower (-0.8%) in Australian currency and 10¢ lower (-1.1%) in US currency when sales resumed after the Easter break in Week 42. 52,951 bales were on offer nationally, compared with 46,250 bales in the last sale. 12.3% of the offering was passed in after 6.3% of the potential offering was withdrawn prior to sale. 46,417 bales were sold. AWEX reports that the value of the wool sold was $65.4 million ($1,409 per bale), taking the season total to $1.990 billion ($1,550 per bale). The number of bales sold at auction this season is now 2.0% greater than in 2021/22.