The market eased by about 1.5% over the two selling days this week. The average yield of the offering remains a difficult issue for exporters to manage and this is obvious in the competition. The sale result for the better yielding wools were more positive than the reported market averages with prices remaining fairly firm for these higher yielding types across the whole range.

AWEX Eastern Indicator compared with 05/06/2020

Eastern Indicator

Close: 1171

Change in % -1.01

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Authentico Index Values

15 Micron

Close: 2491

Change in %:  +1.59

16 Micron

Close: 2021

Change in %: -1.41

17 Micron

Close: 1762

Change in %: -1.67

18 Micron

Close: 1603

Change in %: -1.29

19 Micron

Close: 1485

Change in %: -2.56

Authentico Indicator

Close: 1811

Change in %: -1.15


There is little premium for the very best lots which now appear best value to us. Chinese interests dominate and there is stronger interest in the shorter combing wools for knitting types, particularly the finer microns. The price gap between best skirtings and average fleece is minimal and crossbreds and carding wools continue to be in more favour. The cardings in particular, are in very small supply which may be more of a factor than demand.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 50                     5383                         4725                12.2%

South                     M 50                    12180                       10806               11.3%

West                       F 50                     4222                          3615                 14.4%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 51                        T/W                            6681

South                     M 51                        T/W                           10138

West                        F 51                       no sale


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