The market eased this week but considering the volume and generally inferior selection, the small daily movement must be considered a fairly good result. We continue to hear exporters are waiting for available vessels to finalise contracts and have available letters of credit opened. Global shipments are impacted by general congestion for all international freight. This is impacting on current cash flow and is not expected to be an ongoing issue. As a result, the market appears to be in a holding pattern for the moment.

AWEX Eastern Indicator compared with 12/03/2021

Eastern Indicator

Close: 1277

Change in % -2.44

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Authentico Index Values

15 Micron

Close: 3025

Change in %:  -2.45

16 Micron

Close: 2493

Change in %: -2.84

17 Micron

Close: 2218

Change in %: -1.73

18 Micron

Close: 1928

Change in %: -1.53

19 Micron

Close: 1689

Change in %: -2.65

Authentico Indicator

Close: 2214

Change in %: -2.08


The market was showing improved confidence in Melbourne on Thursday which is a positive sign that there is some good underlying demand for greasy wool. Best fine types were very firm while the broader merinos were a touch dearer on the last day of the sale.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 38                     12853                       10815               15.9%

South                     M 38                    27328                       23059               15.6%

West                       F 38                      8228                         6367                22.6%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 39                      T – W                         10995

South                     M 39                     T – W                          24861

West                       F 39                      T – W                          10722


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