Slow demand and over supply of inconsistent types to the market is the common theme again this week, as the market struggled to find its composure. Slow and steady demand out of Europe continues to see good support from two of the larger fabric producers for high quality fine wool. China is slow but steady with local processors still very pessimistic. India is active all be it at low pricing levels. Japan subdued for the time being. An emphasis on quality and well prepared wool clips are dominating the landscape as we have seen some very poorly prepared wool arriving in store and presented for sale so far this season. Certified wool still attracting healthy incentives, in particular high quality well prepared wool.

AWEX Eastern Indicator compared with 09/06/23

Eastern Indicator

Close: 1174

Change in % -2.80

Authentico Index Values

15 Micron

Close: 3765

Change in %: -2.30

16 Micron

Close: 2608

Change in %: -2.60

17 Micron

Close: 2205

Change in %: -3.50

18 Micron

Close: 1880

Change in %: -3.90

19 Micron

Close: 1621

Change in %: -2.60

Authentico Indicator

Close: 2286

Change in %: -3.20


The next 6 to 8 weeks will see a wave a travelers around the globe trying to stimulate the market both here and abroad as the market presents many opportunities for big processors to take advantage of the current market levels. News out of trade fairs around the globe has been encouraging as companies continue to invest in new machinery and update old machinery as wool remains a focus for its outstanding traceability and wearability stories for big brands.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 50 10635 8783 17.4%
SouthM 50 1925115096 21.6%
WestF 50 9876 6665 32.5%

Auction offering – next week

Sale days
NorthS 51 T / W 10664
SouthM 51 T / W 22799
WestF 51 No Sale

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