There was a clear distinction between the sale result of the better types when compared to the more inferior. No doubt as the market remains in an easing trend, that the appetite for inferior wool types is not good. Any wool with good specification was more keenly sort after while those with low strength, low yields or high mid breaks in particular, were irregular and cheaper. We did see a few ultra fine bales, not particularly good in terms of quality, that sold well. That was a good result for these growers in an otherwise fairly lacklustre market.

AWEX Eastern Indicator compared with 29/11/2019

Eastern Indicator

Close: 1492

Change in % -2.48

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Authentico Index Values

15 Micron

Close: 2479

Change in %: +0.16

16 Micron

Close: 2246

Change in %: -2.94

17 Micron

Close: 2086

Change in %: -2.66

18 Micron

Close: 1970

Change in %: -2.72

19 Micron

Close: 1904

Change in %: +0.32

Authentico Indicator

Close: 2104

Change in %: -2.19


The market seems almost in a holding pattern awaiting the recess. We have only the two sale weeks remaining and growers in recent weeks have been more inclined to pass wool in if it fails to meet pre-sale expectations.

Auction offering – current week

Selling Centres for week 23

Market          Sale          Offered             Sold       Passed In

North                      S 23                     10075                       8691                  13.7%

South                     M 23                     19735                      15776                 20.1%

West                       F 23                       7381                         5338                 27.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 24                       W-T                           10792

South                      M 24                    T-W-T                        27734

West                        F 24                       W-T                            9925


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