Comment
Week 30 wool sales continued to improve however less excited than the opening week. Strong buying and trading drove the market to new levels not seen for many months/years, giving some encouragement as farmers have had to grapple with extreme drought and fire conditions during the Australian summer. Improved demand out of China helped support the market at this level, whilst most other markets are still waiting to see which direction the market will continue. Supply is playing a major part in shaping the market, however we need strong demand to pull the market through to new territory. Certified wool is still maintaining healthy price incentives giving both merino and crossbred growers a glimpse of hope for better prices as demand for certified wool is increasing year on year.
AWEX Eastern Indicator compared with 19/12/25
Eastern Indicator
Close: 1689
Change in +2.5
Authentico Index Values
15 Micron
Close: 3099
Change in %: -2.8
16 Micron
Close: 2649
Change in %: +0.2
17 Micron
Close: 2491
Change in %: +0.04
18 Micron
Close: 2337
Change in %: unch
19 Micron
Close: 2266
Change in %: +1.0
Authentico Indicator
Close: 2527
Change in %: +0.3
Forecast
44,000 bales Nationally will surely test the market next week as the rising A$ will dampen trading capabilities. Supply concerns still remain as sales are being top up out depleted hold reserves. The market felt overheated as we got toward the end of sales this week and traders mention that business has been slow but steady.
Auction offering – current week
| Market | Sale | Offered | Sold | Passed In |
| North | S 30 | 12588 | 12423 | 1.1% |
| South | M 30 | 21641 | 21280 | 1.7% |
| West | F 30 | 9298 | 9066 | 2.5% |
Auction offering – next week
| Market | Sale | Sale days | Volume |
| North | S 31 | W / T | 12447 |
| South | M 31 | W / T | 23472 |
| West | F 31 | W / T | 8078 |
If you want to see the complete Wool Sales Roster click here.
Der Beitrag AUSTRALIAN WEEKLY MARKET REPORT erschien zuerst auf The Schneider Group.