AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

Prices have consolidated slightly below the levels achieved after last week’s very positive sentiment. Most expected a weaker market, but it performed better than most expectations. Traders are still concerned about limited demand at these levels but the volatility will create more opportunities. The best fine wool is no doubt attracting strong interest from Italian sector, who are cautious with regards to the dwindling supply year on year. Higher prices for the superior fine wools is necessary for that sector.

AWEX Eastern Indicator compared with 21/11/25

Eastern Indicator

Close: 1504

Change in -0.7%

Authentico Index Values

15 Micron

Close: 3104

Change in %: -0.5

16 Micron

Close: 2494

Change in %: +0.9

17 Micron

Close: 2388

Change in %: +0.5

18 Micron

Close: 2235

Change in %: -1

19 Micron

Close: 2093

Change in %: -0.9

Authentico Indicator

Close: 2405

Change in %: -0.1

Forecast

As indicated in last week’s commentary, the volatility seen in week 21 was unsustainable. It was good to see this relatively stable market at the higher basis and good wool being rewarded over the more inferior clips. There are clearly good premiums for the best style, best specification wools and in particular, those clips who belong to a standard, like RWS and Authentico.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 22	12070	11049	8.5%
South	M 22	19043	17431	8.5%
West	F 22	8048	6924	14.0%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 23	T / W	7831
South	M 23	T / W	23737
West	F 23	T	6013

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