The market was dearer again, following on from the more positive tone last week. The finest and broadest merino types recorded the biggest gains. This would largely be a reflection of supply. There is still limited supply of fine and broad merinos with most of the selection fitting into the 18.5 / 20.0 – micron range. With the buyer activity yesterday focused strongly on securing quantity, the market premiums for quality were limited. All types and descriptions within a particular micron range sold within a narrow range of price. As a result, the low yields and high mid break lots sold with minimal discount.

AWEX Eastern Indicator compared with 03/07/2020

Eastern Indicator

Close: 1134

Change in % +1.61

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Authentico Index Values

15 Micron

Close: 2353

Change in %:  -0.72

16 Micron

Close: 2045

Change in %: +4.23

17 Micron

Close: 1792

Change in %: +4.13

18 Micron

Close: 1549

Change in %: +0.65

19 Micron

Close: 1400

Change in %: -1.06

Authentico Indicator

Close: 1787

Change in %: +2.17


Sales will resume in the first week of August. The positive market finish should help to promote some trading activity during the recess.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 02                     11273                       10645                 5.6%

South                     M 02                    19682                       18465                 6.2%

West                       F 02                      4307                         3970                  7.8%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      recess

South                      recess

West                        recess


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