AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

We generally talk about demand driving the market, however in today’s landscape of uncertainty it is supply driving the market in a period of low demand. With the country gripped by drought and flood, wool producers are stretched to limit to keep stock alive and provide food and fibre to the world markets. With this in mind it is a timely reminder to all our trading partners that every stage along the wool supply chain must take responsibility to protect each other from price degradation and manipulation to allow each sector to survive and in particular our wool producers who are enduring some of the worst farming conditions seen for many years. This week’s offering saw high yielding low vm wool keenly sought as traders and indent buyers continue to average approx. 70% yield across their purchase week on week. This is being achieved with a price differentiation for wool above 70% and heavy discounts for low yielding wool in the low 60% range. Certification again this week showed very healthy price incentives for Merino and Crossbred certified wool clips achieving from 14% to 30% increase in price which reinforces demand in this area globally and offers some much-needed encouragement for the market.

AWEX Eastern Indicator compared with 22/05/25

Eastern Indicator

Close: 1204

Change in % unchanged +0.001%

Authentico Index Values

15 Micron

Close: 3250

Change in %: +4.65

16 Micron

Close: 2153

Change in %: +5.0

17 Micron

Close: 1836

Change in %: -2.3

18 Micron

Close: 1798

Change in %: +0.4

19 Micron

Close: 1720

Change in %: -0.9

Authentico Indicator

Close: 2018

Change in %: +1.2

Forecast

We have another national sale of less than 30,000 bales next week. We see little chance of downside in the short term as a result. The IWTO conference offered words of encouragement and hope for the future to keep innovating and challenging the supply chain to provide us with the demand that will eventually offer better returns for all.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 48	7721	7088	8.2%
South	M 48	13733	12609	8.2%
West	F 48	4824	4127	14.4%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S49	T / W	7935
South	M49	T / W	15720
West	F49	NO SALE

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