It was a very positive week for the Australian wool market. 44,000 bales were offered. This is 10% less than the indication last Friday and all types and descriptions were keenly sought after. The particular focus was on the finer microns. The Authentico Index values for 15.0 and 16.0 micron are now at the highest levels since we started recording them in July 2019. The 15.0 micron Authentico index is about 10% higher than February 2020 and 16.0 micron around 5% higher. There is good general demand for fine micron types but we have also seen a significant drop in supply. The AWTA key test for the 6 months to end December indicates that production for all 16.5 micron and finer is down 32% compared to the corresponding period the year before (2019). 13.5/15.5 micron is closer to 50% down. 16.5/17.5 micron is also 25% lower in comparison. The trend of the national clip has been getting finer year on year for at least 30 years now. This is a significant change.

AWEX Eastern Indicator compared with 15/01/2021

Eastern Indicator

Close: 1202

Change in % +2.56%

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

Authentico Index Values

15 Micron

Close: 3050

Change in %:  +5.24

16 Micron

Close: 2590

Change in %: +8.64

17 Micron

Close: 2179

Change in %: +7.6

18 Micron

Close: 1840

Change in %: +5.5

19 Micron

Close: 1568

Change in %: +1.55

Authentico Indicator

Close: 2186

Change in %: +6.53


With the main focus on finer and superfine types, it’s also important to note that we have almost come to the end of the selection of these types for the season. We do have a couple of sales that will offer some fine wool in February but with the improved season we expect the selection to get broader and with more VM (skirtings) as we move towards July.

Sales will be held on Wednesday and Thursday next week as we celebrate Australia Day on Tuesday

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 30                     11734                       10814                7.8%

South                     M 30                     23861                     22394                6.1%

West                       F 30                       8659                       7675                 11.4%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 31                      W – T                          10939

South                     M 31                      W – T                          23699

West                       F 31                       W -T                            8480


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