Home / Knowledge / News / Textiles / Western Wool Indicator falls this week

Western Wool Indicator falls this week

Mar '07
The Australian wool market finished 1.3% lower, on average, at sales in Sydney, Melbourne and Fremantle this week. The AWEX EMI fell by 10¢ (-1.1%), ending the week at 933¢/kg clean. This reflected decreases of 11¢ ( 1.1%) in the North and 11¢ (-1.2%) in the South, with their corresponding Regional Indicators finishing the week at 966¢ and 904¢ clean respectively. The Western Indicator decreased by 15¢ (-1.6%), finishing the week at 936¢/kg clean.

When compared with the start of the upward movement of the market in October, the EMI and the Northern, Southern, and Western Indicators are up by 192¢ (25.9%), 200 (26.1%), 184¢ (25.6%) and 219¢ (30.5%), respectively. 19 to 23 average AWEX Micron Price Guides are up by 213¢ to 239¢ over the period and by 170¢ for 24 micron wools. At the fine end, the changes are 104¢ for 17 micron wool, 148¢ for 17.5, 163¢ for 18 and 175¢ for 18.5 micron wool.

62,185 bales were on offer, compared with 63,558 last week (and 6,000 more than forecast at the beginning of last week). 15.0% were passed in, comprised of 12.0% in Sydney, 12.3% in Melbourne and 21.3% in Fremantle. Pass in rates for Merino fleece and skirtings were 18.3% and 9.2% respectively. 2,855 bales (4.4%) were withdrawn prior to sale and re-offered wools made up 11.0% of this week's offering.

The lift in prices three weeks ago has flushed a lot more wool onto the market than originally expected over the last two weeks and again next week. The New Zealand Merino Company offered 2,388 bales for sale on Tuesday, including 50.5% of re-offered wools. 23.9% were passed in.

Must ReadView All

Pic: Shutterstock

Textiles | On 17th Sep 2021

UK again delays post-Brexit import trade controls

The United Kingdom has again delayed the implementation of some...

Pic: Shutterstock

Retail | On 17th Sep 2021

American retailers oppose business tax rate increases

The National Retail Federation (NRF) has opposed the proposed...

Pic: Shutterstock

Retail | On 17th Sep 2021

UK retail job numbers fall as furlough scheme winds down

Despite strong retail sales in recent months, the UK industry has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Noemi Sanchez,

Noemi Sanchez

Established since 1846, Evlox is a specialised denim manufacturer with its ...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

<b>Anjali Bhaskar</b> has an experience of 12 years in the fashion...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

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

Advanced Search