Australian wool prices declined steadily in May on a strong Australian dollar and subdued demand. In May, wool prices averaged AUD 1,266 cents per kilogram, which was 2.5% lower than April’s price and was down 10.6% from the same month last year. On 31 May, wool traded at AUD 1,209 cents per kilogram, which was down 7.1% from the same day of the previous month.
Wool AWEX EMI (prices in AU¢/kg, aop)
|Q1 2021||Q2 2021||Q3 2021||Q4 2021||Q1 2022||Q2 2022||Q3 2022||Q4 2022|
|Wool AWEX EMI||-||1,345||1,384||1,343||1,402||1,411||1,349||1,275|