A more subdued week of activity this week with the A$ slightly increased, slow cash reserves and continued shipping and containerization problems all affecting trading and indent buying conditions. Again a highlight of the week was good incentives paid for RWS certified wool with increased competition from China and Europe. The emphasis weekly now is wool that is NM/CM of high quality is keenly sought by all sectors. Heavy discounts applied to inferior style and heavy burr remain consistent in the early part of the season. Reports of increased activity on weaving types out of Europe is encouraging with consistent activity on processed and knitting types. China in a slight hiatus as they deal with renewed COVID restrictions and increased container costs on exported textiles.

AWEX Eastern Indicator compared with 20/08/2021

Eastern Indicator

Close: 1332

Change in % -1.30

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

Authentico Index Values

15 Micron

Close: 3944

Change in %:  -0.55

16 Micron

Close: 3085

Change in %: -0.13

17 Micron

Close: 2604

Change in %: -1.28

18 Micron

Close: 2171

Change in %: -2.47

19 Micron

Close: 1774

Change in %: -0.44

Authentico Indicator

Close: 2621

Change in %: -1.16


Seasonal conditions are the best we have seen for many years producing some of the nicest wool on offer will hopefully encourage exporters and processors in the coming weeks and months as we head into the busiest buying and selling quarter of the year. Strong demand for NM/CM and RWS certified will surely drive the market as sustainability, traceability and environmental standards play there part in the textile industry quest to roll back climate change.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 09                  10928                  8911                18.5%

South                     M 09                  15495                 12893                16.8%

West                       F 09                    7761                    5402                 30.4%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 10                      T / W                         11050

South                      M 10                     T / W                         20673

West                        F 10                      T / W                           5400

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