The market improved this week particularly in the 18.5 micron and finer categories where we saw most competition across a wide range of types. Local Chinese processing interest created healthy activity in 165/175/185 micron fleece, pieces and belly types. Merino cardings for scouring, carbonizing and knitting types were all well supported with healthy gains over the week. We are starting to see small optimistic movement from Europe and India for the second half of this year, but for the short term main interest is coming from China as outlined above. The A$ trading in a tight range seems to be helping exporters, however we are still faced with containerization and shipping delays which up to this point have not dampened the enthusiasm to buy.


AWEX Eastern Indicator compared with 01/04/2021

Eastern Indicator

Close: 1312

Change in % +1.62

If you want to learn more about AWEX indicators, visit the official website

Authentico Index Values

15 Micron

Close: 3025

Change in %:  +2.5

16 Micron

Close: 2628

Change in %: +0.61

17 Micron

Close: 2336

Change in %: +1.16

18 Micron

Close: 2026

Change in %: +1.19

19 Micron

Close: 1713

Change in %: +0.17

Authentico Indicator

Close: 2308

Change in %: +1.13


The early seasonal cold and wet conditions are taking its toll in certain wool growing areas slowing shearing rates and warehouses already quite full from passed and held grower stockpiles could slightly influence the market with smaller volumes in the coming weeks. Add to this the deterioration of the selection as autumn shorn wools are carrying higher vm levels leaving exporters scrambling to find low vm through this period to satisfy demand. Demand seems healthy particularly out of China at present which should be enough to keep the market ticking along a positive path.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 43                 9692                    9155                 5.5%

South                     M 43                 21013                  18297               12.9%

West                       F 43                   9697                    8642                10.9%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 44                     T-W                             12,493

South                     M 44                     T-W-T                        27,286

West                       F 44                      T-W                             11,042


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