AUSTRALIAN WEEKLY MARKET REPORT – The Schneider Group

Comment

The selection of 16.0 to 18.5 micron continues to attract the most interest from buyers. In particular, the small offering of better style and specification clips that are being keenly sought after by Italian interests who might well be concerned about the reduced supply of quality fine wool. The attention of the Chinese topmakers was also focused primarily on 16.5 to 18.5 micron. In the end, the Authentico Indicator was unchanged at 2905. The Authentico indicator is reflecting the market for best fleece types, certified with the Authentico Quality Assurance program.

AWEX Eastern Indicator compared with 04/09/26

Eastern Indicator

Close: 1878

Change in % -0.6

Authentico Index Values

15 Micron

Close: 3194

Change in %: -1.1

16 Micron

Close: 3069

Change in %: +0.2

17 Micron

Close: 2889

Change in %: -1.2

18 Micron

Close: 2825

Change in %: +1.4

19 Micron

Close: 2578

Change in %: +0.5

Authentico Indicator

Close: 2905

Change in %: unchanged

Forecast

30,000 bales will be offered to the trade next week. While the auction will be held Tuesday and Wednesday as usual, attention will be focused on the mood at the annual Nanjing wool conference.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 11	7526	7010	6.9%
South	M 11	11641	10287	11.6%
West	F 11	4319	3850	10.9%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 12	T / W	8228
South	M 12	T / W	18103
West	F 12	T	3854

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