AUSTRALIAN WEEKLY MARKET REPORT
Sales have resumed after the Easter recess. The market remains keenest on the finer types and also the shorter knitting types and all cardings. The medium and broader fleece are deteriorating in terms of quality and dominate the offering in terms of volume. There is no doubt the inferior quality on offer is impacting on the market. Considering this, the market is still holding relatively well for these types. However, there is no doubt that the interest is keenest on 18.5 micron and finer. The better fleece types are in small supply and attracting solid support from the best weavers while the inferior types are more generally sought by a wide range of buyers with China dominating. This includes all fine micron tender fleece types. In the skirting and carding market, prices have remained very firm all week.
AWEX Eastern Indicator compared with 01/04/2021
Change in % -0.69
If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au
Authentico Index Values
Change in %: -1.7
Change in %: +2.19
Change in %: +1.67
Change in %: +0.86
Change in %: +0.53
Change in %: +1.06
The recent rain along the eastern seaboard of Australia has slowed sheering for a few weeks but grower held stock continues to filter onto the market. As we head into the period where fresh supply will be limited, this grower held stock will be a useful resource.
Auction offering – current week
Market Sale Offered Sold Passed In
North S 42 11344 9949 12.3%
South M 42 25030 21964 12.2%
West F 42 9882 7793 21.1%
Auction offering – next week
Market Sale Sale days Volume
North S 43 T-W 10,241
South M 43 T-W 24,238
West F 43 T-W 11,065
If you want to see the complete Wool Sales Roster click here.