Prices have ended around similar levels of last week. After initially opening cautiously, prices improved over the remainder of the sale. The market was in a stronger position at the close of sale Tuesday night than what most reports and indexes would lead us to believe. This flowed into a more positive tone on Wednesday. Again, prices opened on a slightly cautious tone with buyers careful with price considering the wild fluctuations we’ve experienced in recent weeks. However, prices steadied and improved as the sale progressed. All in all a good positive market tone under the circumstances. Hopefully this help to improve market confidence in the coming weeks.

AWEX Eastern Indicator compared with 06/11/2020

Eastern Indicator

Close: 1189

Change in % +0.08%

If you want to learn more about AWEX indicators, visit the official website

Authentico Index Values

15 Micron

Close: 2675

Change in %:  +0.11

16 Micron

Close: 2247

Change in %: 0

17 Micron

Close: 1965

Change in %: +0.05

18 Micron

Close: 1718

Change in %: +0.94

19 Micron

Close: 1533

Change in %: +0.33

Authentico Indicator

Close: 1975

Change in %: +0.30


While still erratic, the market now appears to be trading within a more narrow range. We have only five sale weeks remining this calendar year. Many will be looking forward to 2021 and hopefully better times, but in the end the wool market has rebounded in 2020 better than many would have expected a few months ago. No doubt influenced by reduced global supply.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 20                      9091                        7943                  12.6%

South                     M 20                     19377                      16919                  12.7%

West                       F 20                       9044                       8318                   8.0%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 21                        T / W                        9161

South                      M 21                       T / W                       23446

West                        F 21                        T / W                        7932


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