Superfine wools were again in keen demand despite the relatively high price. We noticed selected lots of 15.5 micron and finer were dearer this week in a nice stylish offering. As is often the result in a softer market, the NM and CM certified lines were less impacted by the cheaper trend. This is reflected in our Authentico index values which show movements of around 1 to 1.5% compared to the EMI which fell 3% for the week. NM and CM declared lines can attract demand further down the supply chain and, when considering quality as well, tend to be less exposed to daily market volatility.

AWEX Eastern Indicator compared with 25/06/2021

Eastern Indicator

Close: 1423

Change in % -3.06

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Authentico Index Values

15 Micron

Close: 3689

Change in %:  +4.06

16 Micron

Close: 3136

Change in %: -0.95

17 Micron

Close: 2667

Change in %: -1.55

18 Micron

Close: 2296

Change in %: +0.75

19 Micron

Close: 1903

Change in %: -1.35

Authentico Indicator

Close: 2675

Change in %: -0.07


The AWEX weekly report for WK53 has highlighted some significant figures that reflect the situation with regards to supply and demand at the moment. Over the past few years, we’ve often reflected on the reduced supply being a significant factor on the wool market. In the past 12 months, according to the AWEX report, we’ve sold 311,000 more bales (+21%) than the 2019 season and at the same time the AWEX EMI has ended the year 28% higher. The volume sold is a reflection of wool that was held back in the early stage of 2020 (last season) and since sold in much better market conditions. This has occurred during the global pandemic that has caused havoc on the retail sector. Put very simply, it can only be considered a positive for wool. We are of the opinion that some grower held stock and the regular weekly passed in wool, can only be an asset for long-term market stability. We encourage growers to carefully consider the market circumstances with their broker when their wool is available for sale. Under certain circumstances, if they can hold wool for a better market, we’d encourage them to do so. We have 55,000 bales currently rostered for next week in a soft market. This might be the perfect opportunity for such a discussion.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 53                  10652                  9205               13.6%

South                     M 53                 20904                 16199               22.5%

West                       F 53                   11291                    8178               27.6

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 01                     T-W                             16832

South                     M 01                   T-W-T                           25595

West                       F 01                      T-W                             12556

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