The AWEX EMI pushed up 45c into new historic price territory at this week’s auction sales in Australia.
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.