The market tone this week was positive with all micron categories finishing in positive territory at the close of sales this week. It seems that the realization of the shipping squeeze prior to the xmas recess had exporters in a positive frame of mind to have some continuous supply of wool on the water prior to the long break. Add to this the attractive A$ making currency conversion still very tradable in US$ terms. Finer microns bounced back this week which is encouraging for superfine wool growers, whilst mid to medium micron growers continue to have some stability through this range. RWS, NM & CM all continue to attract keen competition when available.

AWEX Eastern Indicator compared with 19/11/2021

Eastern Indicator

Close: 1341

Change in % +1.30

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

Authentico Index Values

15 Micron

Close: 3808

Change in %:  +3.30

16 Micron

Close: 3050

Change in %: +5.0

17 Micron

Close: 2594

Change in %: +0.50

18 Micron

Close: 2183

Change in %: +0.50

19 Micron

Close: 1835

Change in %: -1.0

Authentico Indicator

Close: 2607

Change in %: +1.80


We stand by our assessment of the trigger points with an EMI @ 1341 and the US price below 970 that the market will continue to trade in a positive manner. Business has been spasmodic since the close of sales, however there is a very solid base in the market and exporters are prepared to hold firm and encourage buyers and processors to meet the market in what will be an exciting finish to another difficult year overshadowed by COVID-19.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 21                     9507                  8943                 5.9%

South                     M 21                    20478                18859                7.9%

West                       F 21                     6829                   6401                6.3%

Auction offering – next week

Market          Sale          Sale days     Volume

North                      S 22                      T / W                     9685

South                      M 22                     T / W                    23899

West                        F 22                      T / W                      7915

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