AUSTRALIAN WEEKLY MARKET REPORT

Comment

With only 18,000 bales offered nationally, the market was relatively stable. Only 14,000 bales were eventually sold. The biggest issue was the strengthening value of the Australian dollar against the US currency since the previous auction. The AWEX EMI was 3.9% dearer in USD value yesterday. Low yielding dusty wool types continue to dominate the selection.

AWEX Eastern Indicator compared with 09/04/2020

Eastern Indicator

Close: 1292

Change in % -0.69

If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au

Authentico Index Values

15 Micron

Close: 2430

Change in %:  unch

16 Micron

Close: 2153

Change in %: unch

17 Micron

Close: 1922

Change in %: +0.31

18 Micron

Close: 1749

Change in %: +0.69

19 Micron

Close: 1649

Change in %: +0.67

Authentico Indicator

Close: 1940

Change in %: +0.26

Forecast

Sales resume next Tuesday across all three markets.

Auction offering – current week

Selling Centres for week 42

Market          Sale          Offered             Sold       Passed In

North                      S 42                     5733                          4354                24.1%

South                     M 42                     7856                         6450                17.9%

West                       F 42                      4508                         3113                30.9%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 43                       T-W                             5599

South                     M 43                       T-W                            18930

West                       F 43                        T-W                            6988

 

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