AUSTRALIAN WEEKLY MARKET REPORT

Comment

There has been little change in the overall market this week. Fine merino wool, particularly those lines with good specification, were keenly sought after while at the other end of the spectrum, the broader crossbred wools were less favoured. Also of note was the interest in fine carding types which were also dearer over the week.

AWEX Eastern Indicator compared with 20/11/2020

Eastern Indicator

Close: 1150

Change in % -0.77%

If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au

Authentico Index Values

15 Micron

Close: 2628

Change in %:  +1.27

16 Micron

Close: 2236

Change in %: +0.95

17 Micron

Close: 1949

Change in %: +0.10

18 Micron

Close: 1720

Change in %: -1.09

19 Micron

Close: 1505

Change in %: unchanged

Authentico Indicator

Close: 1952

Change in %: -0.36

Forecast

We have just three week’s of sales remining until the Christmas recess. It’s been a difficult year but the market is finishing on a strong note.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 22                     10127                        9161                  9.5%

South                     M 22                     19874                      17435                12.3%

West                       F 22                       6534                       5530                 15.4%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 23                        T / W                       10088

South                      M 23                       T / W                       23850

West                        F 23                        T / W                       7884

 

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