AUSTRALIAN WEEKLY MARKET REPORT
There was little movement in the market this week. Prices were a little exposed to the movement in currency but there was enough demand to help sustain the market in AUD at around similar levels to last week. There was good interest again for best superfine fleece and in particular those 16.5 micron and finer.
AWEX Eastern Indicator compared with 26/02/2021
Change in % +0.3
If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au
Authentico Index Values
Change in %: +1.73
Change in %: +1.64
Change in %: -2.51
Change in %: -1.06
Change in %: +0.12
Change in %: -0.44
We have just under 50,000 bales on offer again next week. According to AWEX reports, we’ve seen an increase of 10% in first hand offered bales so far this season (since July) compared to the previous year. Considering the general circumstances and the reduction in nation production over the same period, the market has performed exceptionally well over this period.
The auction will be held on Wednesday and Thursday next week due to a public holiday on Monday.
Auction offering – current week
Market Sale Offered Sold Passed In
North S 36 12350 11220 9.1%
South M 36 24396 22386 8.2%
West F 36 9798 8593 12.3%
Auction offering – next week
Market Sale Sale days Volume
North S 37 W- T 13502
South M 37 W – T 26533
West F 37 W – T 9848
If you want to see the complete Wool Sales Roster click here.