AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

By the numbers, a very small selling week with only Melbourne and Sydney selling. Volumes down, Aussie dollar remaining quite stable and lack of supply, all contributed to a dearer market this week. All types and descriptions finished in positive territory for the week. Led by RWS certified wool which carried the highest gains for the week with some micron categories finishing 150 cents clean higher for the week, showing good demand in limited supply. Good support from Chinese indent buying as they continuously fill containers weekly for shipment, followed closely by the greasy trading exporters who are finding it tough going against the big topmakers. Small volume of Italian spec wool sold well in keen competition. Best style combing FNF PCS/BLS picked up this week in keen competition.

AWEX Eastern Indicator compared with 13/06/25

Eastern Indicator

Close: 1207

Change in % unchanged +0.8%

Authentico Index Values

15 Micron

Close: 3072

Change in %: -4.0%

16 Micron

Close: 2166

Change in %: +3.7

17 Micron

Close: 1915

Change in %: +3.4

18 Micron

Close: 1794

Change in %: -1.1

19 Micron

Close: 1726

Change in %: -2.2

Authentico Indicator

Close: 2025

Change in %: +0.5%

Forecast

Next week the market returns to larger volume with a shade over 32,000 bales on offer. With the current low demand we are experiencing, we could be in for a tough week as the market will be tested. Demand remains slow globally and may do so for quite some time as we see another conflict erupting destabilizing world economies.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 51	6828	6609	3.2%
South	M 51	13928	13028	6.5%
West	F 51	NO SALE

Auction offering – next week

Market	Sale	Sale days	Volume
North	S52	T / W	10432
South	M52	T / W	15687
West	F52	T	6529

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