There were only minor changes in the market from the close in Melbourne last week. Prices for better specification types from 18.0 to 21.0 micron were generally firm over the week with some irregular results related mainly to the tested vegetable matter. Considering the large volume offering it was a very satisfactory result. There was some adjustment in the superfine wool market but it’s worth noting the offering in Melbourne last Thursday included some stylish and well-prepared superfine clips that attracted Italian competition. It was noted again that, while Chinese interests again dominated, there was competition from a wider range of buyers.
AWEX Eastern Indicator compared with 09/07/2021
Change in % +0.56
If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au
Authentico Index Values
Change in %: +0.67
Change in %: -2.19
Change in %: -1.55
Change in %: -0.91
Change in %: -1.97
Change in %: -1.25
Wool auctions are now in the winter recess with sales to resume the week of August 9th (week 06).
Auction offering – current week
Market Sale Offered Sold Passed In
North S 02 18005 15849 12.0%
South M 02 21839 19230 11.9%
West F 02 9159 7362 19.6%
Auction offering – next week
Market Sale Sale days Volume
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