There was little change overall in the general market but we certainly noticed fewer extreme prices in the superior fine sector. This is largely due to the higher percentage of RWS certified wool in the offering last week compered to this week. This resulted in less extreme prices on average for the best fine wool. Readers will notice a drop in the Authentico indicators which, due to demand and client interest, do include RWS certified wool clips. As we move to the end of the fine wool season, the selection will vary from week to week and this will impact on average prices. Next week we will have the last designated superfine sale of the season rostered for Sydney.

AWEX Eastern Indicator compared with 18/02/2022

Eastern Indicator

Close: 1421

Change in % +0.07

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

Authentico Index Values

15 Micron

Close: 3809

Change in %: -5.5

16 Micron

Close: 3232

Change in %: -4.1

17 Micron

Close: 2840

Change in %: -2.2

18 Micron

Close: 2370

Change in %: -3.4

19 Micron

Close: 1883

Change in %:  -5.5

Authentico Indicator

Close: 2779

Change in %: -3.6


Despite compounding concerns amongst exporters regarding cash flow due to delayed shipments and generally large weekly quantities, the wool auction market remains keenly contested. Most exporters are impacted by a shortage of cash at the moment, yet a total of $64.05 M was sold to the trade this week. An enormous result under the circumstances. A few things could play out in coming weeks. Weekly quantities could reduce a little, cash flow concerns could ease with pending shipments freeing up some finance and, in the background, we have the escalating issue in Eastern Europe that could impact on consumer confidence and global currency markets. All factors that can and will impact on competition for Australian wool.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 34                  12675                   11200                 11.6%

South                     M 34                 23320                  21233                  8.9%

West                       F 34                   8983                     7260                  19.2%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 35                    T / W                     14923

South                     M 35                 T  / W / T                26295

West                       F 35                     T / W                     10077

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