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

MarketSaleOfferedSoldPassed In
NorthS 371008498722.1%
SouthM 3719441186204.2%
WestF 37872181127.0%
Auction offering – next week
MarketSale
Sale days
Volume
NorthS38 T / W11128
SouthM38 T / W 21148
WestF38 T / W8788

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