The superfine wool market 15 to 18 micron traded in positive territory this week, with increases up to 3.5% above the previous week. 19 micron however went against the trend and lost 1% from the previous week. Clearly shows that exporters and processors are seeking quality wool particularly NM & CM status in a large selection of wool affected by very wet seasonal conditions. Most of the Chinese qualities attracted keen competition this week, also traded in positive territory with a lower A$ and the expectation of dumping and shipping delays over the xmas period.

AWEX Eastern Indicator compared with 26/11/2021

Eastern Indicator

Close: 1346

Change in % +0.50

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

Authentico Index Values

15 Micron

Close: 3826

Change in %:  +0.50

16 Micron

Close: 3110

Change in %: +2.0

17 Micron

Close: 2640

Change in %: +2.0

18 Micron

Close: 2262

Change in %: +3.5

19 Micron

Close: 1815

Change in %: -1.0

Authentico Indicator

Close: 2656

Change in %: +2.0


Key indicators to look out for in the run up to the long break over xmas are that wool looks good value in USD terms with the indicator still sitting marginally below the 970 USC level and the EMI below 1350 should keep trades in the positive territory. Caution still remains with dumping and shipping delays as wool handlers wind down for the break generally closing from Christmas eve through to 10th January 2022. An over supply by brokers through this period could have a dampening affect on the market.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 22                     9451                  8806                 6.8%

South                     M 22                    22285                19462                12.7%

West                       F 22                     7841                   7348                  6.3%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 23                      T / W                     10778

South                      M 23                     T / W                    23271

West                        F 23                      T / W                      7313

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