Less than enthusiastic trading this week saw the market in a downward cycle. We have seen evidence this week that when the EMI reaches approx.1370 and the USD price reaches 1000 cents per kg nervousness takes hold and the market retracts. Positives to take from the falling market are that RWS/NM/CM accredited wool did fall by as much and are being well supported. Increased volumes Nationally of RWS wool this week with approx. 2,000 bales on offer. We continue to work closely with wool brokers and wool producers to increase the volume of RWS accredited wool for our brand partners.

AWEX Eastern Indicator compared with 15/10/2021

Eastern Indicator

Close: 1333

Change in % -2.60

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

Authentico Index Values

15 Micron

Close: 3901

Change in %:  +4.70

16 Micron

Close: 3105

Change in %: -0.20

17 Micron

Close: 2702

Change in %: -0.40

18 Micron

Close: 2346

Change in %: -0.70

19 Micron

Close: 1832

Change in %: -1.20

Authentico Indicator

Close: 2709

Change in %: +0.30


A slow down in trading conditions and increased volumes on offer could see the market struggling to maintain these current levels. Expectation is for a slightly cheaper market, however with some grower resistance this may change.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 17                    12476                 10459                 16.20%

South                     M 17                    20215                16080                 20.50%

West                       F 17                     8169                  5763                    29.50%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 18                      W / T                   8771

South                      M 18                     W / T                   24829

West                        F 18                      W / T                   6676

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