Fremantle's western indicator fell by 1.2pc, to 832c/kg./kg.

This fall comes despite the weaker $A and a relatively small offering.

It follows similar falls in the wool market over the previous two weeks.

August, with many northern hemisphere customers on holidays, is notoriously a difficult month for wool.

But forecasters are tipping an upturn in prices during September. (See separate story).

The EMI fell by 9c/kg in a two-day sale in Sydney and Melbourne, being down 7c/kg on Tuesday and by 2c/kg on Wednesday.

Within the EMI, Sydney's northern indicator fell 8c/kg and closed on 887c/k. Melbourne's southern indicator dropped by 10c/kg, to 819c/kg.

In Fremantle, the western indicator fell by 10c/kg in a one-day sale, finishing the week at 832c/kg.

A total of 37,985 bales on offer compared with 41,657 bales last week but 14pc of these were passed in.

The New Zealand Merino Company also offered 1,303 bales in Melbourne on Wednesday, of which 41pc were passed in and another 16.0pc withdrawn prior to sale.

The US exchange rate was US0.96c lower on Monday when compared with Thursday of last week. It was then down by a further US0.53c on Tuesday, up by US0.03c on Wednesday to close at US85.83c, down -1.7pc since the last sale.

The exchange rate against the euro fell by 1.1pc, to close at 58.40 euro cents on Wednesday night.

When looked at in other currencies, the EMI moved fell by 2.7pc in US terms and by 2.2pc in euro terms, when compared with the previous sale.

In another week of softer demand, the sales opened with prices down across all micron ranges and wool types on Tuesday in both Australian and US currency.

Wednesday’s sale saw some better prices, with lifts at the fine end, particularly in Melbourne.

Sales will be held in Sydney, Melbourne and Fremantle next week, when 42,628 bales are currently rostered for sale.