AUSTRALIAN WEEKLY MARKET REPORT
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
Change in % +1.61
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Authentico Index Values
Change in %: -0.72
Change in %: +4.23
Change in %: +4.13
Change in %: +0.65
Change in %: -1.06
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
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