The rising A$ dollar this week has not dampened enthusiasm for merino fibre. All sectors active in good widespread competition. Certified wool especially the broader merinos showed healthy gains in keen competition. Chinese indent buyers showed they are still prepared to accumulate volume across a wide range of types. European interest also active in the finer end with keen interest 16.5 micron and finer. It appears that volume is creating confidence and the problems we face with shearing delays and slow receivals are being absorbed in a healthy market outcome.

AWEX Eastern Indicator compared with 20/01/2022

Eastern Indicator

Close: 1338

Change in % -0.02

Authentico Index Values

15 Micron

Close: 3687

Change in %: 0.0

16 Micron

Close: 2947

Change in %: +4.5

17 Micron

Close: 2578

Change in %: +1.6

18 Micron

Close: 2258

Change in %: +2.7

19 Micron

Close: 1876

Change in %:  +0.4

Authentico Indicator

Close: 2596

Change in %: +0.03


We are about to enter a period of superfine wool sales in the coming weeks which should see good competition on all best style and strength 18.5 micron and finer, with all sectors active. The fundamentals have not changed, however the players may have. Chinese interests now have to compete with Europe, India and Japan as all are showing signs of good demand in the coming months. As the quality of the selection continues to deteriorate through the autumn period, the importance of securing sufficient high quality merino wool will increase.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 30 1139510421 8.5%
SouthM 30 2186819340 11.6%
WestF 30 11043 8706 21.2%

Auction offering – next week

Sale days
NorthS 31 T / W12931
SouthM 31 T / W21712
WestF 31 T / W 8293

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