AUSTRALIAN WEEKLY MARKET REPORT - The Schneider Group

Comment

The market opened fully firm and remained that way all week. Only minor changes were recorded over the week. Despite the general gloom amongst wool producers, the medium and broader merino categories are trading at high levels. The AWEX 21.0 micron price guide (MPG) is at the 99th percentile. Meaning that, for the last 5 years, prices for 21.0 micron have been lower than the current level 99% of the time. It’s the finer merino types that, while only in small supply, are not attracting the necessary competition. The supply of fine wool in terms of quality is generally poor. The odd superfine clip with good style and specification is attracting better prices and in particular, those with RWS certification.

AWEX Eastern Indicator compared with 14/03/25

Eastern Indicator

Close: 1250

Change in % unchanged +0.6

Authentico Index Values

15 Micron

Close: 2921

Change in %: +1.5

16 Micron

Close: 2203

Change in %: +0.8

17 Micron

Close: 1953

Change in %: +0.3

18 Micron

Close: 1835

Change in %: +0.4

19 Micron

Close: 1741

Change in %: -0.4

Authentico Indicator

Close: 2043

Change in %: +0.5

Forecast

While still a cautious market, there is no doubt that more widespread interest is brewing and stimulated by a limited supply of standard types.

Auction offering – current week

Market	Sale	Offered	Sold	Passed In
North	S 38	10858	10528	3.0%
South	M 38	20208	18850	6.7%
West	F 38	9078	7950	12.4%

Auction offering – next week

Market	Sale	Sale days	Volume
North	S39	T / W	11100
South	M39	T / W	20585
West	F39	T / W	9146

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