The weakening Australian dollar has helped the wool market regain some ground, with the eastern market indicator finishing the week 15c/kg higher at 896c/kg (clean).
According to AWEX the dollar finished the week 0.45 cents lower against the United States dollar when compared to the previous week.
But it wasn't easy trading for buyers, with the dollar jumping around between US78c and US82c during the course of the week.
However, there were gains in all markets:
* the northern indicator rose 23c/kg to 939c/kg;
* the southern indicator gained 8c/kg to finish at 860c/kg; and
* the western indicator closed at 845c/kg, down 1c/kg.
There were 49,532 bales offered this week, of which 8.2pc were passed in.
The biggest gains were made in the finer wools, with 18.5 microns and finer all recording sharp rises for the week of up to 51c/kg in some markets.
A large offering of just over 61,000 bales is expected next week.