Marty Moses
The AWEX EMI pushed up 45c into new historic price territory at this week’s auction sales in Australia.
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The EMI closed at 1623 with all MPG’s contributing to this pleasing result.
Rises between 30 & 80 were experienced in the merino sector with the 16.5, 17 and 19.5µ outperforming the remaining categories.
Merino skirtings rose between 50-100c for the week.
Almost 98 per cent of the 46,217 bale offering cleared with Sydney.
Next week, 42,722 bales will be offered.
