Only 22,700 bales were sold to the trade this week but still to the value of AUD $23M. As South African and New Zealand merinos are now also coming onto the market (all non mulesed), we are seeing more volume globally each week than what we had available between March and July. The options for supply with the limited demand has increased.

AWEX Eastern Indicator compared with 28/08/2020

Eastern Indicator

Close: 858

Change in % -7.64

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

Authentico Index Values

15 Micron

Close: 2155

Change in %:  -3.06

16 Micron

Close: 1771

Change in %: -6.04

17 Micron

Close: 1531

Change in %: -3.10

18 Micron

Close: 1297

Change in %: -5.47

19 Micron

Close: 1142

Change in %: -6.39

Authentico Indicator

Close: 1532

Change in %: -4.67


According to AWEX, the Eastern Market Indicator is now at the lowest level since 2002. With production at the lowest level in 100 years, and declining further, we are absolutely convinced that this level of price is not a true reflection of the value of this precious natural and sustainable fibre.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 10                     7085                         5587                  21.1%

South                     M 10                    12889                       10698                17.0%

West                       F 10                       7181                          5264                 26.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 11                            T                             5458

South                      M 11                      T / W                         12351

West                        F 11                           W                             5311


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