Week 49 - June 2025
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 3rd Jun & Wed 4th Jun 2025
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 49: 4th June 2025
Currency Movements
Currency Movements
Sales Week 49: 4th June 2025
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
This weeks Australian wool auctions featured a slightly weaker (-10ac) Merino market but the crossbred wool types enjoyed some price increases (+10ac). With Fremantle not offering, the volumes rostered fell sharply to under 23,000 bales in Melbourne and Sydney. Despite the generally unchanged to slightly softer prices, the wool grower sellers were largely committed to off load their product, with clearance rates above 90%.
Most notable though was that the demand indicating US dollar equivalent price levels remaining firm. The strengthened AUD against both the USD and Chinese yuan was offset by the ever so slightly lower AUD values at auction. This validated some of the exporters pre sale thoughts that demand was just enough to hold the market, despite the sharp bids being placed in front of them by the overseas users requiring inventory.
Purchase lists were hampered by the low volumes on offer. Neither the local exporters or first stage processors were pushing too hard to buy weights in the very low supply offerings, which could have sent prices up into territory not representative of the current global values of trade.
Not only are total wool volumes down, but the selection is quite variable, making it increasingly more difficult to put together container loads of individual types. This is mostly affecting the better types end of the supply. Drought conditions are still affecting many wool growing regions and whilst some minor rain has fallen, some hopeful forecasts are on the horizon.
Approximately 30,000 bales are being offered next week across all three auction centres. There is a public holiday in NSW and Victoria (not WA) but all centres will sell on a Wed/Thurs rotation.
