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AWEX EMI up by 5¢
08 Sep '08
4 min read
Buyers for China were particularly dominant with support from buyers for Europe and India. There were some suggestions of better demand from Europe as the industry returns from summer vacation.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 46,380 bales are currently rostered for sale. Present estimates for the following two sales vary are 53,710 and 47,700 bales respectively, a decrease of 4.7% over the three sale period when compared with last year.
In South African sales, the Cape Wools Indicator was down by 3.5% since last sale two weeks ago against a 1.4% depreciation of the Rand against the US Dollar and a 0.8% appreciation against the Euro.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 46,380 bales are currently rostered for sale. Present estimates for the following two sales vary are 53,710 and 47,700 bales respectively, a decrease of 4.7% over the three sale period when compared with last year.
In South African sales, the Cape Wools Indicator was down by 3.5% since last sale two weeks ago against a 1.4% depreciation of the Rand against the US Dollar and a 0.8% appreciation against the Euro.
Australian Wool Innovation Limited
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