Week 40 - April 2025
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 1st Apr & Wed 2nd Apr 2025
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 40: 2nd April 2025
Currency Movements
Currency Movements
Sales Week 40: 2nd April 2025
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
Australian wool auction prices resumed the largely dearer trend this week. Renewed demand was injected into the market predominantly from China, but enough interest from both the sub continent and Europe was evident to help stimulate the auction upwards. The Western Australian selling centre at Fremantle led the national price gains with all Merino types there trading at levels of 25 to 35ac dearer for the week. Eastern markets were very firm to 10ac dearer within all type sectors on offer.
Initially, forward selling exporters were quite keen to build some purchased volumes without spooking the market but this strategy had to be swiftly re-evaluated. Strength of competition was seeing some larger than quoted spikes in prices, particularly on those lots which exhibited higher yield and better strengths. These lot types are getting scarcer due to adverse seasonal growing conditions in most of the Southern half of Australia worsen. A percentage of these lots are required for most contracts to average specifications correctly for shipment.
Australia’s largest traders dominated the buyers lists this week, pushing aside somewhat the direct buying orders from top makers. All buying sectors were active but in many instances, the intent and actions of the larger trading companies was just too strong.
Next week sees auctions selling to the usual Tuesday and Wednesday rotation and volume falls to 35,700 bales.
