AUSTRALIAN WEEKLY MARKET REPORT
Comment
After the Easter recess, sales have resumed with a smaller national offering. Just 34,000 bales were eventually sold with almost 16% of the bales on offer failing to meet the grower price expectation. Markets are no doubt cautious, and the wool industry is no different to any other commodity while international trade terms remain disrupted, to say the least. In USD terms, there was little change, and some types were in keener demand than others. As drought conditions continue in the southern half of Australia, the average yield and staple strength is reducing the average quality of the current selection. For this reason, the better yielding wools in particular, are attracting stronger buyer interest.
AWEX Eastern Indicator compared with 18/04/25
Eastern Indicator
Close: 1210
Change in % unchanged -1.8%
Authentico Index Values
15 Micron
Close: 3086
Change in %: +4.0
16 Micron
Close: 2201
Change in %: +1.9
17 Micron
Close: 1882
Change in %: -0.7
18 Micron
Close: 1770
Change in %: -1.6
19 Micron
Close: 1730
Change in %: -0.6
Authentico Indicator
Close: 2017
Change in %: +0.3
Forecast
It’s a much smaller national offering again next week with around 31,000 bales in total to be offered. The southern half of Australia is still waiting for much needed rainfall. Lamb and mutton prices continue to rise, and this will likely see an increased rate of the reduction in sheep numbers while wool prices remain in this current low range. Growers are more likely to sell sheep for slaughter, rather than to hold and carry through another winter season of hand feeding stock. This is an expensive exercise not matched by the current price of wool.
Auction offering – current week
| Market | Sale | Offered | Sold | Passed In |
| North | S 44 | 10615 | 9654 | 9.1% |
| South | M 44 | 22699 | 18765 | 17.3% |
| West | F 44 | 6981 | 5503 | 21.2% |
Auction offering – next week
| Market | Sale | Sale days | Volume |
| North | S45 | T / W | 7105 |
| South | M45 | T / W | 19712 |
| West | F45 | T | 4729 |
If you want to see the complete Wool Sales Roster click here.