Australian Weekly Market Report

Posted on: October 20th 2017

General Market Summary

With virtually no change in the benchmark AWEX Eastern Market Indicator, observers could mistakenly think it was an uneventful week. In the merino section, the finer the micron the dearer they were, and the broader the merino, the cheaper they got. That left those in the middle, around 18.5/19.5, with little movement. Despite the better style and processing qualities on offer, it didn’t seem to matter so much for the fine wool selection 17.5 micron and finer. They were all dearer, from the best style and strength to the most inferior lots, including the better light fault skirtings. Chinese interests battled for volume with the usual Italian demand which was, as usual, more focused on the quality lots on offer.  

compared with 28/09/2017
Indicator Close Change%
EASTERN 1568 +0.13

If you want to learn more about AWEX indicators, visit the official web site

compared with12/10/2017
Indicator Close Change %
15 MICRON (*) 2725 +6.86
16 MICRON 2469 +3.26
17 MICRON 2286 +2.24
18 MICRON 2069 +1.87
19 MICRON 1822 +1.22
(*) Marketed from September to March

Each indicator is expressed by a number representing a market quotation for a selected range of types and is not a price expression and it's not influenced by currency fluctuations.

Wool indicators are anyway based on Australian Dollar.

If you want to learn more about SCHNEIDER indicators CLICK HERE


We might very well be concerned for the volume of wool sold to this same point in the season compared to last year. Almost 12% more first-hand wool has been offered for sale this year compared to the same period last year. As we’ve indicated before, production levels are not expected to increase by anywhere near this number. We’ve had a good run of dry weather and the wool is flowing on to the market quicker than usual to maximise grower returns in this strong market.


Price premiums for fine wool over the medium and broader range is now at a price that reflects production and the cost associated with growing it. According to AWEX reports, a 17.0-micron sheep that averages 4kg of wool is returning a similar amount as a 19.0-micron sheep at 5kg and a 21.0-micron sheep at 6kg. It remains simply the production of kg’s per sheep that will be the greatest factor that determines profitability. On that front we always recommend to growers to breed the best sheep and grow the best wool that their country and climate will allow rather than focus on a particular micron. 

Market Sale Offered Sold Passed-in
North S16 12811 12301 4%
South M16 23726 21981 7.4%
West F16 9255 8744 5.5%
Market Sale Selling Offering
NORTH S17 W/T 12225
SOUTH M17 W/T 22758
WEST F17 W/T 8781

If you want to see the complete Wool Sales Roster CLICK HERE

Fremantle Market Report
October 19th 2017 Fremantle unchanged today, just a little soft.
Sydney and Melbourne market report
October 19th 2017 Fine wool dearer, others firm
Fremantle Market Report
October 18th 2017 Fremantle market steady today. Generally unchanged
Sydney and Melbourne market report
October 18th 2017 Best Fine keenly sought after in a nice but limited offering. Others generally well maintained
Fremantle Market Report
October 12th 2017 Fremantle market a little mixed today generally 1% dearer.
Sydney and Melbourne market report
October 12th 2017 Market dearer again as strong widespread competition returns to auction sales.
New Zealand Market Report
October 12th 2017 Merino market strong.
Fremantle Market Report
October 11th 2017 A strong market in Freo today.
Sydney and Melbourne market report
October 11th 2017 Market upward strongly.
Fremantle Market Report
October 05th 2017 Fremantlle mainly 1% dearer today.
Australian Eastern market Report
October 05th 2017 Market closes the week dearer.
Sydney and Melbourne Market Report
October 04th 2017 Market firming as the selection for good fine wool deteriorates in a smaller national offering.