Australian Weekly Market Report

Published November 4, 2018 by Tim Marwedel


The easing trend continued this week but noticeably it was much more subtle than last week. In USD terms the AWEX Eastern Indicator was down by less than 0.5%. The carding market has been the most affected as they settle from extreme levels. They will rebound once the market settles to a more realistic price level as they seem always in demand. NM clips again seem more stable than others as they have a wider and more sustained buyer demand base. Markets including Japan, Europe and China are all seeking NM certified wool.

AWEX Eastern Indicator compared with 26/10/2018

Eastern Indicator

Close: 1854

Change in %: -1.06%

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

Schneider Indicators compared with 26/10/2018

15 Micron (*)

Close: 2911

Change in %: -7.01

16 Micron

Close: 2689

Change in %: -3.83

17 Micron

Close:  2456

Change in %: -0.77

18 Micron

Close: 2296

Change in %: -0.65

19 Micron

Close: 2168

Change in %: -1.34

Each indicator is expressed by a number representing a market quotation for a selected range of types and is not a price expression and it’s not influenced by currency fluctuations.

Wool indicators are anyway based on Australian Dollar.

If you want to learn more about SCHNEIDER indicators Click here.


We expect a few more superfine bales next week with another designated fine wool sale in Sydney. Prices have settled even in this sector and we now see some value in the best lots at these levels. They won’t be available for much longer. Clearly the better prepared clips are more keenly sought by buyers in this market. They have become more selective.

Auction offering – current week

Selling Centres for week 18

Market          Sale          Offered          Sold          Passed In

North                   S 18                 9018                     7937                12.0%

South                   M 18               19167                   16155               15.7%

West                     F 18                6939                     5298                23.6%

Auction offering – next week

Market          Sale          Sale days          Volume

North                   S 19                W-T                             8942

South                  M 19                W-T                            19686

West                    F 19                W-T                             7068

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