The small selection of quality superfine wool this week attracted strong competition from Italian interests. In possibly the last such offering of the season, selected lots were extreme with buyers representing Italian weavers competing strongly. Despite another large national offering of just under 50,000 bales, the general market again held up very well.

AWEX Eastern Indicator compared with 24/02/2022

Eastern Indicator

Close: 1368

Change in % +0.3

Authentico Index Values

15 Micron

Close: 3759

Change in %: +1.9

16 Micron

Close: 3034

Change in %: +1.7

17 Micron

Close: 2650

Change in %: +0.2

18 Micron

Close: 2162

Change in %: -2.9

19 Micron

Close: 1854

Change in %:  -2.8

Authentico Indicator

Close: 2612

Change in %: -0.2


Some buyers have been temporarily held up with shipments this week with delays in the logistic supply chain. The surge in volume in recent weeks has again placed some pressure on the dumping and packing of bales. This is expected to be only a temporary issue but has had some impact on current contracts and cash flow for buyers. 50,000 bales are again rostered for sale next week and AWTA test figures indicate that the volume coming in to store for testing is consistent.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 35 1225011051 9.8%
SouthM 35 2703123971 11.3%
WestF 35 9108 8033 11.8%

Auction offering – next week

Sale days
NorthS 36 W / T12604
SouthM 36 T / W / T27465
WestF 36 W / T11264

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