There wasn’t much change in the market this week. Chinese interest remains, but during this period of the season it’s usually more subdued. Buyers were very price conscious earlier in the sale. We expect prices to move within this narrow range, subject to currency movement, for the short term. Traders are indicating that demand is slow, however Chinese topmakers and some indent buying seemed to take up the shortfall. The usual Italian weavers were active on the best clips, with some focus on the mulesing status.

AWEX Eastern Indicator compared with 12/08/2022

Eastern Indicator

Close: 1342

Change in % unchanged

Authentico Index Values

15 Micron

Close: 3863

Change in %: +0.16

16 Micron

Close: 3363

Change in %: +0.66

17 Micron

Close: 2851

Change in %: -0.90

18 Micron

Close: 2214

Change in %: +0.5

19 Micron

Close: 1779

Change in %:  +3.97

Authentico Indicator

Close: 2756

Change in %: +0.25


Sales return to a Tuesday and Wednesday format only for next week. The various industry groups will hold their respective annual meetings in Melbourne next Thursday. There is no sale in Fremantle next week. This has reduced the national offering to 40,000 bales.

Auction offering – current week

MarketSaleOfferedSoldPassed In
NorthS 07 1562814317 8.4%
SouthM 07 2117319040 10.1%
WestF 07 5114 4418 13.6%

Auction offering – next week

Sale days
NorthS 08 T – W15472
SouthM 08 T – W24644
WestF 08 no sale

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