AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

It was a another small national offering this week with prices again outperforming the general market expectations. The opening tone was cautious, but prices have again been more stable than what was expected leading into the sale. This is no doubt a result of limited supply. Buyers chasing as little as 100 bales are helping to drive this firm market trend. The better types are still attracting the most competition with selected lots being sold well above market averages.

AWEX Eastern Indicator compared with 06/06/25

Eastern Indicator

Close: 1197

Change in % unchanged -0.1%

Authentico Index Values

15 Micron

Close: 3200

Change in %: -1.5%

16 Micron

Close: 2088

Change in %: -0.6

17 Micron

Close: 1851

Change in %: -2.7

18 Micron

Close: 1814

Change in %: +1.2

19 Micron

Close: 1766

Change in %: +0.9

Authentico Indicator

Close: 2014

Change in %: -0.7

Forecast

The sale next week is one of the smaller sales for some time. Only 21,000 bales are to be offered to the trade. Often, this doesn’t help as we would expect, with some choosing to sit out rather than fuel the market unnecessarily.

Much needed rain has finally come to the western districts of Victoria, South Australia and the southern part of NSW. With the cold temperature, grass growth is expected to be minimal. But it has still been very welcome, especially for those still able to plant crops. For the wool to be sold, we will see an increase in yield as the weeks pass. This should lead to less discounts for the lower yielding wools still to be sold.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 50	8877	8231	7.3%
South	M 50	13734	12869	6.3%
West	F 50	6271	5384	14.1%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S51	T / W	7101
South	M51	T / W	14665
West	F51	no sale

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