AUSTRALIAN WEEKLY MARKET REPORT

Comment

The last sale of the 2025/2026 wool selling program ended on a negative tone. Although, with prices around 60% higher over the season, it was not necessarily a bad result. Growers who offered wool this week were prepared to take a risk with a little over 16% of the offering passed in and held by the grower. Rather than to sell in a negative market, they prefer to wait for a more positive market tone in which to sell their wool. The crossbred market again defied the general trend with the upward momentum continuing over the week. Perhaps the market over-reacted a little on Tuesday. The better wools were most definitely more difficult to buy on Wednesday and there were less holes in the market.

AWEX Eastern Indicator compared with 19/06/26

Eastern Indicator

Close: 1943

Change in % -2.3

Authentico Index Values

15 Micron

Close: 3172

Change in %: unchanged

16 Micron

Close: 2946

Change in %: -1.6

17 Micron

Close: 2877

Change in %: -1.8

18 Micron

Close: 2788

Change in %: -2.2

19 Micron

Close: 2558

Change in %:  -3.0

Authentico Indicator

Close: 2861

Change in %: -1.85

Forecast

The IWTO congress is being held in Dalang, China, this week. There is not a large commercial attendance this year, mainly due to the timing of the event. News remains positive with most expecting relative stability to continue in the short to medium term. Sale 01 of the new season will see around 33,000 bales on offer. Much less than the usual 50,000 bale sale that we typically have at this time of the year and this is despite of the much higher market. A clear indication of where we are with supply.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 52	7779	6731	13.5%
South	M 52	13679	11320	17.2%
West	F 52	4721	3771	20.1%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 01	W-T	10416
South	M 01	W-T	17666
West	F 01	W	5407

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