AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

The final sale of the 2024 wool selling season has ended unchanged. According to the AWEX auction data, 14.6% less firsthand wool (in net kg’s) was offered for the full season and nearly M$300 less in value when compared to the season before. There has been very little movement in the exchange rates in recent days, and this added to the stability in the wool market. The better types with certification of at least NM, are still gaining more competition. This is obvious from 15.0 micron through to the crossbred types and cardings.

AWEX Eastern Indicator compared with 20/06/25

Eastern Indicator

Close: 1207

Change in % unchanged

Authentico Index Values

15 Micron

Close: 3136

Change in %: +2.1%

16 Micron

Close: 2132

Change in %: -1.5

17 Micron

Close: 1893

Change in %: -1.1

18 Micron

Close: 1822

Change in %: +1.5

19 Micron

Close: 1732

Change in %: +0.3

Authentico Indicator

Close: 2027

Change in %: +0.1%

Forecast

The first sale of the new selling season would normally have an increased volume of wool on offer. This year is, however, very different. Just 30,000 bales will be offered so we expect little change in the market sentiment, pending currency exchange rates.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 52	9970	9457	5.1%
South	M 52	14069	12941	8.0%
West	F 52	5809	5251	9.6%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S01	T / W	10079
South	M01	T / W	14610
West	F01	T	5662

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