HOW TO USE THIS ONLINE MAGAZINE
by clicking the arrows at the side of the page.
by clicking anywhere on the page. A slider will appear, allowing you to adjust your zoom level.
and move the page around when zoomed in by dragging the page.
and return to the original size by clicking on the page again.
by entering text in the search field and click on "In This Issue" or "All Issues" to search the current issue or the archive of back issues
a PDF of this magazine.
by clicking on thumbnails to select pages, and then press the print button.
a page via email, Facebook, Twitter and more.
TO VIEW PREVIOUS EDITIONS
, click the
button at the bottom of the screen.
Beyond the Bale : March 2018
AVERAGE MONTHLY EMI COMPARISON RECORD PERFORMANCE FOR FINER AND MID MICRONS EMI’S RECORD RUN The chart opposite provides a snapshot of how well the AWEX monthly Eastern Market Indicator (EMI) and a range of microns have performed for the past three months (November 2017 – January 2018) in Australian dollar terms compared with the previous five years November 2012 to October 2017 (circles) and the decade previous to that, November 2002 – October 2012 (squares). For the past three months, the monthly EMI averaged at $17.28, tracking at the 100th percentile against the previous five-year monthly EMI. This means that in the previous five years the monthly EMI has never recorded a price higher than the current $17.28 (November 2017 – January 2018). As well as tracking at the 100th percentile over the previous five years, the EMI is also at the 100th percentile when compared to the decade November 2002 – October 2012. This means the current EMI of $17.28 (November 2017 – January 2018) is higher now than it was for all that decade. The monthly EMI for the past three months has risen nearly 11% from the monthly EMI for the previous three months. The mid and finer microns and Merino Cardings (MC) have continued to perform particularly well recently. For the past three months Merino Cardings averaged at $14.27, operating at the 100th percentile for the previous five years and the 100th percentile for the previous decade. For the same period, 18 micron averaged at a monthly value of $23.05 (100th percentile for the previous five years and 100th percentile for the previous decade), 21 micron averaged at $17.08 (also 100th percentile for the previous five years and 100th percentile for the previous decade), and 28 micron averaged at $7.77 (67th percentile and 100th percentile respectively). MARKET INTELLIGENCE: FREE VIA SMS In an initiative launched last year, AWI is sending wool prices and market intelligence direct to about 5,000 woolgrowers’ mobile phones. The woolgrowers receive the latest movements in the EMI in a simple text message (see left image), including a link to a full price report that provides more detail about price movements (see right image). If you would like to subscribe to the free SMS service, visit www.wool.com/sms where you will be asked to input your name and the mobile phone number to receive the SMS. You can unsubscribe from the service at any time by replying to the AWI SMS message. MORE INFORMATION www.wool.com/sms AVERAGE MONTHLY EMI FOR NOVEMBER 2017 – JANUARY 2018 COMPARED WITH PREVIOUS 5 YEARS NOVEMBER 2012 – OCTOBER 2017 THE DECADE NOVEMBER 2002 – OCTOBER 2012 EMI $17.28 17um $25.38 18um $23.05 19um $20.60 20um $18.44 21um $17.08 22um $16.22 23um $14.57 24um $13.85 25um $12.24 26um $10.92 28um $7.77 30um $5.79 32um $4.17 MC $14.27 0%102030405060708090100 100 100 100 89 95 97 98 100 100 20 8 67 100 100 100 100 100 100 100 100 53 93 MARKET INTELLIGENCE 100 100 100 100 100 100 100 100 62 MARKET INTELLIGENCE
In the Shops - March 2018