AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

There was little movement in the overall market this week on average, but the better types and descriptions are certainly in keener demand than the bulk offering of higher VM, lower style wool. All types and descriptions with better yields, lower VM and tensile strength greater than 35/40 NKT, attracted keen buyer interest.

The Australian dollar remains stubbornly high, not helping exporters. The benchmark AWEX EMI was dearer in USD terms despite exporters and traders not as enthusiastic entering this weeks sale.

The drought is persisting in parts of Australia and this is impacting on sheep numbers and wool quality.

AWEX Eastern Indicator compared with 24/04/26

Eastern Indicator

Close: 1886

Change in % -0.01

Authentico Index Values

15 Micron

Close: 3339

Change in %: +2.0

16 Micron

Close: 2945

Change in %: -3.2

17 Micron

Close: 2829

Change in %: -0.9

18 Micron

Close: 2761

Change in %: +0.4

19 Micron

Close: 2541

Change in %: -0.7

Authentico Indicator

Close: 2854

Change in %: -0.6

Forecast

Buyers will continue to compete for the small offering of the better types with keenest interest around 17.0 to 19.0 micron.

Pipeline moved from critically underbought → partially covered, this may affect pricing cycle in the coming weeks.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 45	9154	8652	5.5%
South	M 45	19040	17490	8.1%
West	F 45	4861	4496	7.5%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 46	T – W	8434
South	M 46	T – W	18007
West	F 46	T	4888

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