AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

The focus shifted to the finer micron types this week and in particular the shorter knitting types. Tender fleece, prems and good pieces 17.5 micron and finer all performed particularly well, dominated by Chinese interests. The market was expected to settle a little this week with reports of not a lot of interest around the closing levels from last week. However the market performed better than most would have predicted, particularly the finer types.

AWEX Eastern Indicator compared with 25/09/2020

Eastern Indicator

Close: 996

Change in % -3.86

If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au

Authentico Index Values

15 Micron

Close: 2316

Change in %: -0.17

16 Micron

Close: 1955

Change in %: -1.11

17 Micron

Close: 1726

Change in %: -0.75

18 Micron

Close: 1501

Change in %: -2.85

19 Micron

Close: 1301

Change in %: -3.63

Authentico Indicator

Close: 1721

Change in %: -1.54

Forecast

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Auction offering – current week

Market Sale Offered Sold Passed In

North S 14 7903 6914 12.5%

South M 14 16074 12955 19.4%

West F 14 5325 4039 24.2%

Auction offering – next week

Market Sale Sale days Volume

North S 15 T / W 8584

South M 15 T / W 19306

West F 15 T / W 6560

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