Solid crossbred wool demand at auctions continues online

Sheep Central, January 22, 2019

ONLINE wool sales followed the trends in physical auctions last week, with AuctionsPlus Wool selling 174 bales.

AuctionsPlus said with the AWEX Eastern Market Indicator rising 13 cents to 1923c/kg clean last week, the largest gains were made by the 26-28 micron wools reflecting firm demand for crossbred wool types while Merino wool indicators had mixed results.

This sentiment at physical auctions was reflected online as AuctionsPlus wool sold 174 bales, AuctionsPlus regional sales associate Ed Murphy said.

A seven-bale line of 27.4 micron AAAFX crossbred fleece wool with yield of 68.7 percent and 0.2pc vegetable matter content sold for 715c/kg greasy, or 1041c/kg clean.

The top price paid online was 2100c/kg greasy or 2913c/kg clean for a bale of 14.5 micron Australian Superfine Merino Weaner fleece. The line tested with a yield of 72.1pc, an average staple of 72mm, a tensile strength of 49 Newtons/kilotex and 0.4pc vm.

A 12-bale line of 20.3 micron AAAM with a yield of 68.6pc, staple length of 52mm and 0.4pc vm sold for 1010c/kg greasy, or 1472c/kg clean.

A 10-bale line of 21.6 micron AAM made 1577c/kg greasy, or 2134c/kg clean. It yielded 73.9pc, with an average staple length of 105mm, tensile strength of 36N/kt and 0.2pc vm.

AuctionsPlus sold 44 bales of shorter 17-18 micron Merino lambs fleece last week, topped by a 13-bale line of 18.4 micron AAALMS that sold for 1195c/kg greasy, or 1712c/kg clean. The line yielded 69.8pc and had 0.2pc vm.

A two-bale line of 17.1 micron AAALMS with a yield of 68.9pc and 0.2pc vm made 1175c/kg greasy, or 1705c/kg clean.

About 41,500 bales are expected to be offered at auctions this week, and with supply pressures the market is expected tocontinue along the same path as the last couple of weeks, Mr Murphy said.


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