AUSTRALIAN WEEKLY MARKET REPORT
Comment
Sales have opened for 2026 in incredible fashion. Prices were expected to open around 50 dearer but from the opening bid, it was double that. Supply remains limited, we keep saying this. This is surely having a much greater influence on the market trend than most expect and resulting in extreme volatility. The interest was clearly driven by Chinese interests with the prices for the best lots, while selling to a similar pattern, were not as extreme. The AU$1 rise across most types on the first sale day was not enough, with prices increasing even more on Wednesday. We now need this greasy market to drive wool top sale prices to new levels.
AWEX Eastern Indicator compared with 19/12/25
Eastern Indicator
Close: 1648
Change in +6.9
Authentico Index Values
15 Micron
Close: 3188
Change in %: +4.8
16 Micron
Close: 2642
Change in %: +3.0
17 Micron
Close: 2490
Change in %: +5.8
18 Micron
Close: 2337
Change in %: +3.8
19 Micron
Close: 2244
Change in %: +3.5
Authentico Indicator
Close: 2520
Change in %: +4.3
Forecast
Surely it will not continue at this rate of increase next week. We hope for a little more stability around these new levels. Supply is not reacting as much as some might expect with this market increase, and we must also remember that we have another week of recess mid-February when we pause auctions for the Chinese New Year. This will impact short term supply even further.
Auction offering – current week
| Market | Sale | Offered | Sold | Passed In |
| North | S 29 | 10569 | 10527 | 0.4% |
| South | M 29 | 19999 | 19632 | 1.8% |
| West | F 29 | 6497 | 6426 | 1.1% |
Auction offering – next week
| Market | Sale | Sale days | Volume |
| North | S 30 | T / W | 12845 |
| South | M 30 | T / W | 21597 |
| West | F 30 | T / W | 8884 |
If you want to see the complete Wool Sales Roster click here.
