AuctionsPlus online wool demand consistent as physical auction market peaks

Sheep Central, December 12, 2017

ONLINE wool platform AuctionsPlus received consistent demand from buyers last week as prices hit record levels on the physical auction market.

AuctionsPlus market operations supervisor Tom Rookyard said while the AWEX Eastern Market Indicator again breaking records and hitting 1699c/kg, and the West Australian indicator closing at 1762c/kg, 168 bales were sold online.

This week 17 micron and 18 micron fleece wool sold to 1630c and 1553c greasy respectively, or 2369c and 2096c clean, he said. The 19 micron and 21 micron lines sold to 1480c and 907c greasy or 1976c and 1477c.

Mr Rookyard said the top-priced lot was a line of SUPAA 15.1 micron fleece wool with 0.8 percent vegetable matter content. This lot was offered by Elders and branded YALGOO/NE.

“For the 2017 calendar year, AuctionsPlus so far has sold 15,466 bales, from over 908 different grower brands, purchased by 20 different buying companies and offered by 18 different brokers.”

Mr Rookyard said this week all three selling auction centres are open, with an estimated 52,000 bales on offer.

“There are reports that the market will see buyers continue at similar levels, although it will be difficult to ship the wool bought this week until next year.”

Source: AuctionsPlus.


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