AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

There was not much change in the market this week. There was some initial positivity relating to the easing of the current trade tension, even if for a nominated period. The wind was however taken from the market as the Australian dollar strengthened against the USD mid-week. The market didn’t react as badly as some might have anticipated resulting in little change in local currency values on Wednesday. The AWEX benchmark EMI was higher in USD at the close of that sale day. We will see some fluctuating values in fine wool prices during this period as supply becomes very limited. There was a small but useful selection of RWS/Authentico certified superfine wool around 15.0 micron on offer, and these continue to sell at levels well above the more average, non-certified lines of similar microns.

AWEX Eastern Indicator compared with 09/05/25

Eastern Indicator

Close: 1189

Change in % unchanged -0.1%

Authentico Index Values

15 Micron

Close: 3106

Change in %: +2.2

16 Micron

Close: 2086

Change in %: -3.5

17 Micron

Close: 1873

Change in %: +1.3

18 Micron

Close: 1758

Change in %: -1.1

19 Micron

Close: 1695

Change in %: -0.5

Authentico Indicator

Close: 1987

Change in %: -0.4

Forecast

Less than 30,000 bales will be offered next week. This is less than we were managing efficiently during the Covid period. We see little downside risk in the market as a result of this limited supply. It’s the large volume of lower yielding wools being offered in the Melbourne market that are more difficult to sell. Simply because the trade can’t average the contracted target yield. Typically, when in smaller volume, these wools are consumed in amongst the higher yielding wools with little market impact. It’s the volume on offer that is limiting trade interest. This will change when the season changes.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 46	9544	8936	6.4%
South	M 46	17835	16060	10.0%
West	F 46	3552	3171	10.7%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S47	T / W	8549
South	M47	T / W	16828
West	F47	T	4889

If you want to see the complete Wool Sales Roster click here.