An extremely small nationally offering, the smallest in nine months according to AWEX, has resulted in a dearer market across the board. Local trading companies competed with topmakers and indent buyers with the focus again on good specification, light fault types. There were selected superfine clips that sold to levels up to 3% above last week in the 17.0 to 18.5 micron range. The selection of best fine wool is extremely small at this time of the season and restricted to selected clips only.

AWEX Eastern Indicator compared with 03/06/2022

Eastern Indicator

Close: 1438

Change in % +1.69

Authentico Index Values

15 Micron

Close: 4045

Change in %: -0.44

16 Micron

Close: 3428

Change in %: +1.60

17 Micron

Close: 2927

Change in %: -0.57

18 Micron

Close: 2381

Change in %: +0.08

19 Micron

Close: 1888

Change in %:  +1.12

Authentico Indicator

Close: 2871

Change in %: -0.1


We have just the four selling weeks remining before the annual three week recess. Next Monday is a national holiday in Australia so sales will be held on Wednesday and Thursday. We often have a larger sale the first week of July with growers taking advantage of the new financial year to sell wool. Sale 01 is likely to be a large sale again this year. We have been offering less wool in recent weeks compared to the same period last year, and we also note that there is a reasonable percentage of old wool on offer at the moment. Estimates have the percentage of old wool on the market in excess of 10% of the weekly auction volume. Exporters showed a more clear intent this week but in a small national offering.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 49 1266511267 11.0%
SouthM 49 1843216851 8.6%
WestF 49

Auction offering – next week

Sale days
NorthS 50 W-T 9806
SouthM 50 W-T19121
WestF 50 W-T 9071

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