The auction has performed strongly in the penultimate sale for 2021. Under the circumstance of shipping deadlines for a pre-Christmas shipment having now passed and a strengthening Australian dollar, the market could have struggled to maintain this week. But, as has been the case for some time now, the market continued to sell in a very positive tone. All types and descriptions were a little dearer.

AWEX Eastern Indicator compared with 26/11/2021

Eastern Indicator

Close: 1360

Change in % +1.04

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Authentico Index Values

15 Micron

Close: 3852

Change in %:  +0.68

16 Micron

Close: 3137

Change in %: +0.87

17 Micron

Close: 2625

Change in %: -0.57

18 Micron

Close: 2252

Change in %: -0.44

19 Micron

Close: 1867

Change in %: +2.87

Authentico Indicator

Close: 2662

Change in %: +0.23


42,000 bales are now catalogued for sale next week and expectations are that the market will continue around similar levels through to the close. With the EMI close to the 970 USD level, we expect demand from China to remain relatively stable next week before the three-week Christmas recess. Demand from Europe has also been consistent in recent weeks.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North              S 23           10275        9666         5.9%

South               M 23           20937        19588        6.4%

West                F 23            4861       4395         9.6%

Auction offering – next week

Market          Sale          Sale days     Volume

North               S 24           T / W        10949

South               M 24           T / W        23798

West                F 24           T / W        7289

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