Sales have opened in 2021 on a very positive note. Despite the large national offering and a stronger Australian Dollar against the USD, all types and descriptions were in demand. There was strong interest on the finer microns but it should also be noted that they are in smaller supply than what we would expect. The month of January is often a positive month for the auctions and regardless of the overall global situation, it was very encouraging to see that wool is in demand. The market was well maintained to the close in Fremantle.

AWEX Eastern Indicator compared with 18/12/2020

Eastern Indicator

Close: 1172

Change in % +1.30%

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Authentico Index Values

15 Micron

Close: 2898

Change in %:  +2.11

16 Micron

Close: 2384

Change in %: +3.74

17 Micron

Close: 2025

Change in %: +0.5

18 Micron

Close: 1744

Change in %: +1.1

19 Micron

Close: 1544

Change in %: +1.58

Authentico Indicator

Close: 2052

Change in %: +1.74


We have another large volume national sale next week before volumes are expected to settle a little. There is still some wool held in brokers stores nationally. No doubt that if this current market trend continues, we will see some of this wool come onto the market slowly. It’s not all for sale at these levels and we expect some growers to continue to hold wool as they have done historically. While we might see further easing in the broader merinos and crossbred types, like this week, the fine and superfine merino types are likely to again be well supported in limited supply.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 29                     13168                       11761                 10.7%

South                     M 29                     28573                     25286                11.5%

West                       F 29                      10549                       9531                  9.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 30                     T – W                           12,927

South                     M 30                   T – W – T                      27,027

West                       F 30                      T – W                            9,286


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