Determine 1 reveals the annual AWTA core check volumes, in farm bales, for 12 to 14 micron wool in Australia. The present season quantity runs to Could and has been adjusted up professional rata to present an estimate for the complete season, which isn’t too arduous as by Could some 94% of the complete season provide of those classes has been usually examined. The seasons run from 2012-13 to the present season.
Core check volumes for the 12, 13 and 14 micron classes will end this season at file ranges, with the 12 micron class cracking 300 bales for the primary time. 14 micron will end the season with 3,408 bales and 13 micron with 472 bales. Western Australia popped up with ultrafine manufacturing this season, accounting for 4% (12 bales) or 12 micron and 16% (75 bales) of 13 micron provide in Australia.
From a complete clip perspective these are very small volumes. In clear phrases 12 micron manufacturing is round 38 metric tonnes, nearer to vicuna manufacturing (see article right here) than every other wool class. The excellent news is that the elevated manufacturing isn’t any dampening the reported demand from specialist Italian processors.
Not the entire ultrafine wool is bought by means of auctions. Determine 2 reveals the annual proportion of every micron class bought at public sale from the 2012-13 season onwards. As has been the case for the previous decade successfully no 12 micron wool is bought at public sale, with solely round half of 13 micron wool operating to public sale. For 14 micron some 80% is bought at public sale, which compares with the usual proportion for the entire clip of 85% though this does range between seasons.
The Fremantle 12 micron wool ran to public sale, quite than being plucked beforehand, which gave a uncommon view into pricing for this micron class. Desk 1 reveals the complete season common worth for all 12, 13 and 14 micron provided on the market in Australian wool auctions. There are clearly massive premiums being paid for 12 and 13 micron wool.
Desk 2 reveals the ten yr deflated percentiles for 13.5 to 16 micron (by half micron) wool (all in averages), the typical, June 2025 worth and rank. The newest June worth for 13.5 and 14 micron continued to have a worth rank in 23% to 34% vary whereas the 15 to 16 micron costs had been ranked at 1% for the previous decade in deflated phrases. The 16 micron class has struggled a lot of the season with elevated provide and weaker demand. Because the season has progressed the 15 micron worth has been worn down by elevated provide and a continued weak financial backdrop to the market.
