The lower Australian dollar and an improved fine wool offering were the key issues that influenced this week’s market. Interest from China is steady but cautious and this is the main underlying factor in the relatively stable market overall. However Italian interests competed strongly for quality superfine types this week. The clips with NM/CM status clearly preferred in general, obviously subject to quality first. Selected clips around 16.5/17.5 micron were up to 4% dearer. The ultrafine market is a little irregular around 14.5/15.0 micron due to the extreme prices that we’ve seen in recent weeks and the availability of these types is a little better at this time of the season.

AWEX Eastern Indicator compared with 17/09/2021

Eastern Indicator

Close: 1368

Change in % +1.18

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

Authentico Index Values

15 Micron

Close: 3843

Change in %:  -9.15

16 Micron

Close: 3158

Change in %: -0.78

17 Micron

Close: 2748

Change in %: +3.31

18 Micron

Close: 2280

Change in %: +2.47

19 Micron

Close: 1844

Change in %: +2.05

Authentico Indicator

Close: 2708

Change in %: +0.07


Chinese activity finished the week strongly but again demand seems limited to the few large companies. It should be enough, along with continued interest from Europe to maintain an upward trend next week.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 12                   11112                   9977                10.2%

South                     M 12                  18304                 16800               8.2%

West                       F 12                    4611                     4195                9.0%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 13                      W / T                    11461

South                      M 13                     W / T                   22552

West                        F 13                      W / T                     7549

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