Week 36 - March 2025
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 4th Mar & Wed 5th Mar 2025
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 36: 6th March 2025
Currency Movements
Currency Movements
Sales Week 36: 6th March 2025
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
This week's Australian wool auctions produced some of the better strength of competition seen for quite some time. The price gains extracted were largely forged on a measured, calm approach by sale room operators.
Merino wools of all descriptions were a general 25 to 50ac/clean kg dearer with the mid micron, more readily in demand traded wools of 18.5 to 20 micron being the most well sought. Once again the Fremantle market out performed both Eastern based selling centres and prices in WA by the close were 10 to 20ac higher. The crossbred and carding sectors of the market also had a strong week, although gains were far more subdued in the 5 to 15ac range.
The often frenzy of bidding in similar bullish auction scenario’s of the past were largely unseen. The pre-sale local and overseas buyer expectations of a dearer market were being met s auctions opened, so there was no apparent panic buying. Therefore, subsequent price gains were seemingly borne from largely economic - not emotional - derived results.
Covering off risk in our current short supply offerings was the modus operandi of most participants in the procurement side of the wool supply chain. Traders manufacturers and indent operators were all similarly keen buyers at auction, and sold volumes shared evenly across all segments. The local sell side of the transaction were happy to take the extra values, evidenced by the very high 97% of all wool offered being sold to the trade.
Interesting to note was that markets closed at the highest price points for the week again, despite the AUD propelling upward at the end of the selling series by over 1%. 38,000 bales offered next week, with Melbourne selling on Wednesday/Thursday as the other 2 centres remain selling Tues/Wed.
