Wool prices averaged AUD 1,094 per kilogram in September, down 1.9% from August. On 30 September, the commodity traded at AUD 1,087 per kilogram, unchanged from 30 August.
Prices fell for the second consecutive month in August. Persistently weak purchasing activity—due to sluggish global economic activity depressing demand for textiles—and a strong Australian dollar largely drove the decline.
Wool AWEX EMI (prices in AU¢/kg, aop)
Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
---|---|---|---|---|---|---|---|---|
Wool AWEX EMI | 1,348 | 1,244 | 1,155 | 1,160 | 1,174 | 1,147 | 1,109 | - |