There was not much change this week. Better types are still in limited supply and attracting keen buyer support. Of particular note was the keener activity on the few better 16.5 to 18.0 micron fleece lines. They were getting the usual support from Italy but also from topmakers who need the better specification for presumably Italian customers. Supply is so limited, that in the short term, we see little room for this trend to change. Not until we see wools coming in from the new season in August, will we gain a clearer picture of supply and demand for fine and superfine wool.

AWEX Eastern Indicator compared with 27/05/2022

Eastern Indicator

Close: 1414

Change in % -0.42

Authentico Index Values

15 Micron

Close: 4063

Change in %: +0.89

16 Micron

Close: 3374

Change in %: -1.60

17 Micron

Close: 2944

Change in %: -0.74

18 Micron

Close: 2379

Change in %: +1.02

19 Micron

Close: 1867

Change in %:  +0.1

Authentico Indicator

Close: 2874

Change in %: +0.1


The market appears to be in a little of a ‘holding pattern’. With little market movement, volumes are limited, quality is generally poor and traders of the opinion that demand is ok, but a little slower. Cash flow remains tight and shipping schedules are still a concern, including access to the local dumps for containerization. Not a lot of positive news, but still the market holds firm. Companies with machinery, the topmakers, scourers and carbonisers were the dominant buyers this week. Perhaps seeing an opportunity while the larger trading companies were a little quieter. There is no sale in Fremantle next week so focus will be on Sydney and Melbourne sales only.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 48 84537205 14.8%
SouthM 48 2005917669 11.9%
WestF 48 6360 5418 14.8%

Auction offering – next week

Sale days
NorthS 49 T-W12596
SouthM 49 T-W20499
WestF 49 no sale

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