Australian Weekly Market Report

Published January 31, 2019 by Tim Marwedel


There was little movement in the average prices this week but there were some irregularities due to the quality of the offering. What is concerning to us is the dramatic change in the standard of wool on offer at the moment. This week’s selection was generally what we would expect later in the season. Yields are lower, micron is finer, strengths are lower, staple length is shorter and VM is starting to increase. All a result of the continuing and in some cases, worsening, drought conditions across eastern Australia. It’s not a good recipe for the general standard of wool we require for our Italian weaver clients. Crossbred types have continued their upward run with 28.0 to 30.0 micron adding another 8% and 10% this week respectively.

AWEX Eastern Indicator compared with 24/01/2019

Eastern Indicator

Close: 1934

Change in %: +0.36%

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

Schneider Indicators compared with 24/01/2019

15 Micron (*)

Close: 2,834

Change in %: +5.75

16 Micron

Close: 2,568

Change in %: +1.44

17 Micron

Close:  2,474

Change in %: +1.37%

18 Micron

Close: 2,350

Change in %: +1.11

19 Micron

Close: 2,190

Change in %: -0.46

Each indicator is expressed by a number representing a market quotation for a selected range of types and is not a price expression and it’s not influenced by currency fluctuations.

Wool indicators are anyway based on Australian Dollar.

If you want to learn more about SCHNEIDER indicators Click here.


We have the last of the designated superfine sales next week in Sydney. While we don’t expect big volume, most have sold during the season peak, there is always a few growers who have traditionally sold in this sale and continue to do so. It’s likely to contain a larger portion of fine hogget wool as they are shorn later than the adult portion of most clips. Anything good will continue to attract good support but the larger percentage of the offering is lower strength types, and these are softening due to the volume available.

Auction offering – current week

Selling Centres for week 31

Market          Sale          Offered          Sold          Passed In

North                    S 31                8789                     8320                  5.3%

South                   M 31               20853                  19706                  5.5%

West                     F 31                9188                     8001                  12.9%

Auction offering – next week

Market          Sale          Sale days          Volume

North                   S 32                 W-T                            11736

South                   M 32                W-T                           19922

West                    F 32                  W-T                            8768

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