Home / Knowledge / News / Textiles / AWEX Indicator unchanged in North region
AWEX Indicator unchanged in North region
17
Mar '08
The Australian wool market finished 0.7% lower, on average, at sales in Sydney, Melbourne and Fremantle this week.

The AWEX EMI fell by 6¢ (-0.6%), ending the week at 966¢/kg. This reflected an unchanged Indicator in the North and a decrease of 10¢ (-1.1%) in the South, with their corresponding Regional Indicators finishing the week at 1011¢ and 929¢ clean, respectively. The Western Indicator fell by 10¢ (-1.0%), finishing the week at 956¢.

In a two day sale in Sydney and Melbourne, the AWEX EMI rose by 2¢ on Wednesday and fell by 8¢ on Thursday. The Western Indicator fell by 3¢ on Wednesday and by 7¢ on Thursday in a two day sale in Fremantle.

53,698 bales were on offer, compared with 50,785 bales last week, of which 13.9% were passed in, comprised of 5.5% in Sydney, 13.6% in Melbourne and 21.9% in Fremantle. Pass-in rates for Merino fleece and skirtings were 13.1% and 15.5%, respectively. 2,141 bales (3.8%) were withdrawn prior to sale and re-offered bales made up 13.7% of this week's offering.

The US exchange rate (source RBA) was 0.72¢ lower on Monday when compared with Thursday of last week. It was down by a further 0.83¢ on Tuesday, up by 1.18¢ on Wednesday and by 0.42¢ on Thursday to close at 93.57¢, up 0.05¢ (+0.1%) since the last sale.

The exchange rate against the Euro fell by 1.13 Euro cents (-1.8%) to close at 60.09 Euro cents on Thursday night. When looked at in other currencies, the AWEX EMI decreased by 5¢ (-0.6%) in US terms and by 15¢ (-2.5%) in Euro terms when compared with the previous sale.


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search