AWEX Wool Market Indicators

AWEX Market Indicators and Micron Price Guides (MPG's)

AWEX maintains a series of benchmark Australian Wool Market Indicators. These are based on fixed baskets of wool types, calculated each sale day and released via a series of subscription reports. All Indicators are expressed in Australian cents per clean kilogram.

The primary Wool Market Indicator is the AWEX Eastern Market Indicator (AWEX-EMI), with support by three Regional Market Indicators (RMI-North, South and West). A series of sub Indicators known as Micron Price Guides (MPG's) are also published for each regional sale day. The Indicators are economic expressions relating to the current and previous levels of the wool market.  

Some AWEX Indicators are used as basis for derivative wool market trading. 

The component wool types that make up each Indicator are reviewed/rebased periodically (typically every three years.)

Rebased AWEX Indicator Values 1st July 2006

AWEX has finalised the review and rebase of its Market Indicator suite to be implemented on July 1, 2006.  The result of the review was:

• a rebase of the main indicators (including the AWEX Eastern Market Indicator);
• the addition of two superfine Micron Price Guides (16.5 and 17.5);
• amendments to the structure of five MPG's (17.0, 18.0, 25.0, 26.0, and MC);
• no change to the 18.5 to 24.0 micron MPG’s, or any of the derivative spot prices as issued by AWEX (ASX, CBA, NAB, or SFE).

 For more detail download the Technical Explanation of Rebased AWEX Indicators