AUSTRALIAN WEEKLY MARKET REPORT

Comment

The Chinese New Year recess has provided the market with a timely increase in demand. The market this week finished in positive territory across the board, with all sectors active. The Chinese topmakers led the charge despite a positive increase in the currency, did little to dampen the enthusiasm. Add to this the European competition on the best fine wool available and the last real volume of best style from now to September 2026. Traders have expressed good sales at market rates over the last couple of days which is great news for wool growers. Certified wool in both merino and crossbred types continue to attract keen competition and healthy price incentives. The back part of the season will certainly test the resolve of traders and processors as the drought affected wool with increased seed and dirt will surely provide some challenges.

AWEX Eastern Indicator compared with 13/02/26

Eastern Indicator

Close: 1716

Change in + 1.3

Authentico Index Values

15 Micron

Close: 3187

Change in %: + 1.5

16 Micron

Close: 2681

Change in %: + 2.7

17 Micron

Close: 2592

Change in %: + 1.8

18 Micron

Close: 2448

Change in %: – 1.0

19 Micron

Close: 2332

Change in %:  + 1.3

Authentico Indicator

Close: 2600

Change in %: + 1.3

Forecast

Week 36 provides another 38,000 bales to the market which by early indicators will be keenly sought as traders and topmakers compete for volume. China has surely been the shining light taking up to 88% of our offerings, however we still need consistent and improved competition from Europe, India, Korea and Japan. Processed wools still lead the way dragging the rest of the market along with it.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 35	14183	13445	5.2%
South	M 35	26189	25212	3.7%
West	F 35	10329	9941	3.8%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 36	T / W	9437
South	M 36	T / W	21233
West	F 36	T / W	7576

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