Fine wool was again the focus in diminishing volume of these types. Quality wool clips with certified traceability via one of various QA programs were keenly sought after. The market opened cautiously but, as we’ve reported previously, exporters are selling each week. It’s not significant volume, but enough to keep them all interested and active in the market. We then add the indent orders into the market and the result continues to be positive. Competition is not only coming from China but well supported by India and Europe.
AWEX Eastern Indicator compared with 13/05/2022
Change in % +0.5
Authentico Index Values
Change in %: unchanged (nil selection)
Change in %: +0.06
Change in %: +3.27
Change in %: +1.9
Change in %: +0.43
Change in %: +1.5
Interestingly, the Fremantle market is currently dearer than the eastern states for many micron categories. We understand that there are some buyers who would usually buy most volume in the eastern states who are currently looking to buy in Fremantle. Logistic pressures, mainly around dumping, are less extreme in that market, allowing for a quicker export process.
Auction offering – current week
Auction offering – next week
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