AUSTRALIAN WEEKLY MARKET REPORT

Comment

The focus this week might well be the way that it finished with the Sydney sale operating in isolation. Following a positive lead from South Africa on Wednesday evening, the Sydney sale started positively on Thursday without any major movement. However, as the sale progressed, the better performing wools were looking a good 1% dearer with selected lots even more. The main focus is still 17.0 to 19.0 micron for all types and descriptions. The offering of good fine wool has still been limited so far this year.

The Authentico index values were not as strong as the AWEX EMI might indicate that they should. It was competition from China, buying a lower quality wool type, that dominated this week’s market. The very best types were least affected.

AWEX Eastern Indicator compared with 2/10/26

Eastern Indicator

Close: 1820

Change in % +0.05

Authentico Index Values

15 Micron

Close: 3327

Change in %: unchanged

16 Micron

Close: 2952

Change in %: -1.6

17 Micron

Close: 2894

Change in %: -1.7

18 Micron

Close: 2823

Change in %: -0.4

19 Micron

Close: 2500

Change in %:  -1.7

Authentico Indicator

Close: 2888

Change in %: -1.1

Forecast

It’s a larger national offering in week 16 and we expect an increase in quality fine and superfine wool in Sydney. We expect selected clips 17.0 to 19.0 micron with the best performing wools to remain keenly sought after as well as all certified wool, especially RWS. The premiums for RWS certified wool clips continues to increase with demand outstripping supply.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 15	6958	6576	5.5%
South	M 15	16261	15055	7.4%
West	F 15	3016	2797	7.3%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S 16	T / W	11552
South	M 16	T / W	19332
West	F 16	T	4212

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