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The Australian Wool Exchange (AWEX) said its eastern market indicator (EMI) rose seven cents to 714 cents a kg clean at its sales on Tuesday. AWEX said its northern indicator (Sydney) rose four cents to 724 c/kg, while its southern indicator (Melbourne) gained nine cents to 705 c/kg, respectively.
In Fremantle, the western indicator also rose by nine cents to 699 cents a kg clean following a sales break last week.
The Sydney sale saw solid increases through the 20 to 23 micron range, boosted by a small offering of less than 5,000 bales. 19 microns and finer remained unchanged, while 20 microns rose five cents and 21 to 23 microns were 10 cents dearer.
In Melbourne, a stylish selection of 17 to 20 microns wools were 10 to 15 cents dearer.
Most other microns were five to 10 cents dearer, while 23 microns were stable.

Copyright Reuters, 2005

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