Home / Knowledge / News / Textiles / AWIS Wool market review

AWIS Wool market review

May '07
In another strong week with a slightly smaller offering and a 0.4% drop in the US exchange rate, the Australian wool market finished 2.5% higher, on average, at sales in Sydney, Melbourne and Fremantle this week.

The AWEX EMI increased by 28¢ (+2.9%), ending the week at 1,008¢/kg clean. This reflected increases of 26¢ (+2.6%) in the North and 31¢ (+3.2%) in the South, with their corresponding Regional Indicators finishing the week at 1,036¢ and 985¢ clean respectively.

The Western Indicator rose by 18¢ (+1.8%), finishing the week at 1,003¢/kg clean. All four Indicators are at season peaks; and it is the first time that the EMI has been above 1,000¢ since the last week before Easter in April 2003.

When compared with the start of the upward movement of the market in October, the EMI and the Northern, Southern and Western Indicators are now up by 267¢ (36.0%), 270¢ (35.2%), 265¢ (36.8%) and 286¢ (39.9%), respectively. 19 to 23 micron average AWEX Micron Price Guides (MPGs) are up by 304¢ to 323¢ clean over the period and by 236¢ for 24 micron wools. At the fine end, the changes are 213¢ for 17 micron wool, 264¢ for 17.5, 268¢ for 18 and 294¢ for 18.5 micron wool.

48,789 bales were on offer, compared with 52,262 last week, of which 4.0% were passed in, comprised of 1.8% in Sydney, 2.1% in Melbourne and 8.6% in Fremantle. Pass in rates for Merino fleece and skirtings were 3.4% and 3.9% respectively.

The higher value for Fremantle was influenced by a pass-in rate of 13.5% yesterday. 975 bales (2.0%) were withdrawn prior to sale and re-offered wools made up 9.8% of this week's offering.

Must ReadView All

Pic: Shutterstock

Retail | On 21st Sep 2021

US clothing stores sales up 0.1% MoM, 36.6% YoY in August: NRF

Retail sales in the US increased during August as consumer demand...

Pic: Shutterstock

Apparel/Garments | On 21st Sep 2021

Research paper urges Kenya to cultivate new export markets

To diversify its exports and markets, Kenya should endeavor to raise...

Pic: Shutterstock

Textiles | On 21st Sep 2021

Pakistan's textile & apparel exports rise 28.67% in July-Aug ’21

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Simone Morgante,

Simone Morgante

Based out of Como, Italy, and with technological expertise of nearly 70...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Gaurang Shah, Label Gaurang Shah

Gaurang Shah
Label Gaurang Shah

Hyderabad based designer <b>Gaurang Shah</b>, has been traversing the...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

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

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