AUSTRALIAN WEEKLY MARKET REPORT
The market found its feet this week off the back of strong demand. Chinese indent and traders were all active selling stocks and then going into the market to replenish. European style wools with high quality and excellent specifications all gained ground this week, especially 17.0/18.0 micron category attracted most interest. Certified wools of high quality remain in good demand and competition. The seasonal conditions are still having an impact of wool receivals, wool harvesting and overlength due these factors.
AWEX Eastern Indicator compared with 12/10/2022
Change in % +3.90
Authentico Index Values
Change in %: -0.50
Change in %: +1.40
Change in %: +1.10
Change in %: +1.70
Change in %: +3.40
Change in %: +1.30
Caution seems to have turned the corner into optimism as we see all sectors active in the current market. The coming weeks will be tested as growers catch this small wave of enthusiasm.
Auction offering – current week
Auction offering – next week
|North||S 17||T – W||10204|
|South||M 17||T – W||24080|
|West||F 17||T – W||8149|
If you want to see the complete Wool Sales Roster click here.