We are still seeing large national offerings. As the market settled a little this week, the passed in rate and the rate in which wool was withdrawn prior to sale increased. This time last week 48,000 bales were expected to go under the hammer, in the end only 40,000 were sold. The biggest passed in percentage is in the crossbred section where prices remain low as supply increases and demand for crossbred wool is poor. We are noticing a big difference in the price offered on the crossbreds that have been well prepared compared to those that are just ‘thrown’ together without effort to maintain quality.

Despite the national indicators easing, the Authentico indicators were slightly more positive in comparison as they focus more on quality fine fleece wool and those with NM and CM mulesing status only.

AWEX Eastern Indicator compared with 30/04/2021

Eastern Indicator

Close: 1319

Change in % -1.71

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

Authentico Index Values

15 Micron

Close: 3280

Change in %:  +2.92

16 Micron

Close: 2775

Change in %: +1.91

17 Micron

Close: 2390

Change in %: -0.5

18 Micron

Close: 2051

Change in %: UNCH

19 Micron

Close: 1740

Change in %: -2.14

Authentico Indicator

Close: 2389

Change in %: +0.5


The large national offering of 54,000 bales currently rostered for sale next week is likely to put some pressure on the general market. However, those better specification wools with low VM and, in particular, those with the NM status, will still be keenly sought after. The general offering is quite high in VM and this is making it more difficult for buyers to average much of the offering into orders that must average VM 1.0%.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 45                  13570                   12309                9.3%

South                     M 45                 23881                   20091               15.9%

West                       F 45                   10107                    7903                21.8%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 46                     T-W                             14096

South                     M 46                   T-W-T                           30196

West                       F 46                      T-W                             10460


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