AUSTRALIAN WEEKLY MARKET REPORT
Not much change in the market this week with European interests continue to support high quality superfine wool with Chinese indent and traders supporting a wide range. More emphasis was on the broader microns for China this week. The prolonged wet weather is affecting style and strength with higher levels of colour and cotted wool evident. A timely reminder to classers to pay attention to detail around the classing table for best outcomes for growers.
AWEX Eastern Indicator compared with 26/08/2022
Change in % unchanged
Authentico Index Values
Change in %: +0.40
Change in %: +2.20
Change in %: -0.03
Change in %: +0.86
Change in %: +1.07
Change in %: +0.76
A small sale next week off the back of wool week held in Melbourne this week, will see some pressure on the better fine wool as the Chinese range should be relatively unchanged.
Auction offering – current week
Auction offering – next week
|North||S 09||T – W||11504|
|South||M 09||T – W||18078|
|West||F 09||T – W||9610|
If you want to see the complete Wool Sales Roster click here.