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AWEX EMI drop by 9¢
28 Nov '08
4 min read
Buyers for Italy played their normal leading role in Newcastle while buyers for China were dominant elsewhere with support from those buying for India.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 50,685 bales are currently rostered for sale. Present estimates for the following two sales are 45,972 and 43,712 bales, respectively. An increase of 12.5% over the three sale period when compared with last year. Please note, there was no sale in Week 25 last year, contributing to the +12.5% year-on-year comparison.
In South African sales, where 10,060 bales were on offer, the Cape Wools Indicator was down by 4.7% since last week against a 3.2% appreciation of the Rand against the US Dollar and a 0.5% appreciation against the Euro.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 50,685 bales are currently rostered for sale. Present estimates for the following two sales are 45,972 and 43,712 bales, respectively. An increase of 12.5% over the three sale period when compared with last year. Please note, there was no sale in Week 25 last year, contributing to the +12.5% year-on-year comparison.
In South African sales, where 10,060 bales were on offer, the Cape Wools Indicator was down by 4.7% since last week against a 3.2% appreciation of the Rand against the US Dollar and a 0.5% appreciation against the Euro.
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