AUSTRALIAN WEEKLY MARKET REPORT
Comment
Auction prices have rallied strongly, catching some by surprise. It’s been an exceptionally good run and one that is well needed to build confidence in the industry. The usual major buyers are facing good competition from a wider range of exporters while supply remains a limiting factor. With the considerable rise on Tuesday, prices did steady around those levels to close out the sale. However, some were looking for value. And this helped add another 1 to 2% onto the burry and inferior fleece wools late in the week. Discounts for higher VM are now settling around long-term trends after the focus has been on the lower VM fleece and skirtings for an extended period. It does appear that the dearer market has influenced this change. There is also some noticeable interest in the better fine wools coming onto the market.
AWEX Eastern Indicator compared with 05/09/25
Eastern Indicator
Close: 1319
Change in +2.1%
Authentico Index Values
15 Micron
Close: 2803
Change in %: -2.6
16 Micron
Close: 2157
Change in %: +1.2
17 Micron
Close: 2020
Change in %: +0.9
18 Micron
Close: 1947
Change in %: +2.6
19 Micron
Close: 1805
Change in %: +0.8
Authentico Indicator
Close: 2082
Change in %: +0.9
Forecast
Prices did settle on Wednesday, but we would expect that with the annual Nanjing Wool Conference to be held next week, along with another small national offering, that prices should remain relatively stable pending any dramatic change on the currency exchange rates.
Auction offering – current week
| Market | Sale | Offered | Sold | Passed In |
| North | S 11 | 6938 | 6733 | 3.0% |
| South | M 11 | 15227 | 14896 | 2.2% |
| West | F 11 | 5379 | 5199 | 3.3% |
Auction offering – next week
| Market | Sale | Sale days | Volume |
| North | S12 | T / W | 9192 |
| South | M12 | T / W | 16280 |
| West | F12 | T | 5520 |
If you want to see the complete Wool Sales Roster click here.
