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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