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 : December 2018
74 MARKET INTELLIGENCE 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 (August 2018 – October 2018) in Australian dollar terms compared with the previous five years August 2013 to July 2018 (circles) and the decade previous to that, August 2003 – July 2013 (squares). For the past three months, the monthly EMI averaged at $20.32, 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 $20.32 (August 2018 – October 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 August 2003 – July 2013. This means the current EMI of $20.32 (August 2018 – October 2018) is higher now than it was for all that decade. 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 $14.60, operating at the 97th 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 $25.84 (99th percentile for the previous five years and 100th percentile for the previous decade), 21 micron averaged at $22.40 (100th percentile for the previous five years and 100th percentile for the previous decade), and 28 micron averaged at $9.18 (93rd percentile and 100th percentile respectively). AVERAGE MONTHLY EMI COMPARISON EMI’S STRONG PERFORMANCE CONTINUES AVERAGE MONTHLY EMI FOR AUGUST 2018 – OCTOBER 2018 COMPARED WITH PREVIOUS 5 YEARS AUGUST 2013 – JULY 2018 THE DECADE AUGUST 2003 – JULY 2013 EMI $20.32 17um $28.64 18um $25.84 19um $23.77 20um $22.71 21um $22.40 22um $22.40 23um $20.03 24um $17.09 25um $17.40 26um $14.55 28um $9.18 30um $ 7.19 32um $4.72 MC $14.60 0%102030405060708090100 25 100 99 99 99 100 100 93 73 100 100 98 100 100 97 81 100 100 100 100 100 100 100 100 100 100 100 100 100 100 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
In the Shops - March 2019