AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

Sales opened on a positive note following the three-week mid-year recess. We were offered large volume, with in excess of 40,000 bales on sale across the three selling centres. The total value of this week’s sold wool was around AUD M$55. Activity was evenly spread amongst a good cross section of buyers. This was positive. Chinese activity was concentrating on the higher yielding selection on offer in Sydney as the impact of the drought in southern Australia dominates the Melbourne offering. This is highlighted in the fact that 4% was passed in at the Sydney sale and 8% passed in ex Melbourne. It was the lower yielding types that are not meeting grower reserves. This is a similar trend to that of the sales prior to the recess. Selected superfine clips are attracting interest from the Italian sector as a drop in supply of quality superfine wool is expected due to unfavourable returns in that sector.

AWEX Eastern Indicator compared with 25/07/25

Eastern Indicator

Close: 1247

Change in +0.6%

Authentico Index Values

15 Micron

Close: 2869

Change in %: -4.0

16 Micron

Close: 2090

Change in %: +0.7

17 Micron

Close: 1927

Change in %: +0.3

18 Micron

Close: 1838

Change in %: +1.3

19 Micron

Close: 1732

Change in %: +0.1

Authentico Indicator

Close: 2007

Change in %: unch

Forecast

The volume on offer next week is 25% less than what was available this week. This will ensure that the current trend should continue subject to any major shift in currency exchange rates over the coming days.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 08	15232	14605	4.1%
South	M 08	19532	17394	8.2%
West	F 08	6539	5914	9.6%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S09	T / W	11891
South	M09	T / W	14714
West	F09	T	3991

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