AUSTRALIAN WEEKLY MARKET REPORT
Comment
The market opened strongly on the back of favorable currency exchange rates and continue on from there. The limited supply in terms of quality and quantity is keeping buyers and traders on edge. Chinese topmakers, through their agents in Australia, continue to dominate the market. RWS premiums continue to grow with the Chinese sector now the leading buyer of these certified wools. Often, quality is not as important as the RWS certificate that comes with it.
AWEX Eastern Indicator compared with 07/03/25
Eastern Indicator
Close: 1242
Change in % unchanged +1.3
Authentico Index Values
15 Micron
Close: 2876
Change in %: -3.2
16 Micron
Close: 2184
Change in %: +0.8
17 Micron
Close: 1946
Change in %: +0.8
18 Micron
Close: 1828
Change in %: +0.8
19 Micron
Close: 1749
Change in %: +0.8
Authentico Indicator
Close: 2032
Change in %: +0.2
Forecast
There is no doubt that this small improvement in the market will attract some interest. We are noticing some long overdue optimism. Let’s hope that the current trend continues for more weeks to come.
Auction offering – current week
Market | Sale | Offered | Sold | Passed In |
North | S 37 | 10084 | 9872 | 2.1% |
South | M 37 | 19441 | 18620 | 4.2% |
West | F 37 | 8721 | 8112 | 7.0% |
Auction offering – next week
Market | Sale | Sale days | Volume |
North | S38 | T / W | 11128 |
South | M38 | T / W | 21148 |
West | F38 | T / W | 8788 |
If you want to see the complete Wool Sales Roster click here.