We have partnered with Wool Impact and collaborated with all points of the domestic wool supply chain to develop a Strong Wool Indicator (SWI) which is free of biases, represents the health of our market, and robust to some of the common traps of this kind of broad market view. To understand more about the mechanisms behind it just keep reading!
Strong Wool Indicator
$6.15
Region
Both Islands
Last sale
10/09/2026
14-day change
+2.22%
Clearance
95.1%
Percentage of the bales offered that sold at the current auction.
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Where does the data come from?
We obtain our source data from the public auctions that take place in Napier and Christchurch on alternate weeks. We only consider the lots of wool that have been sold, in order to provide an accurate reflection of the value of wool that can be achieved. This approach gives us insight into approximately 51% of the wool we sell, providing us with a useful window into the market.
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An indicator built on strong foundations
We make sure to use the most frequently occurring types of wool in our data analysis. This ensures that we have strong and reliable information that we can depend on each week. By using these common types of wool, we can make more accurate and informed decisions when it comes to our trading activities.
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Open to change
We have used a retro-active analysis to chose what the Strong Wool Indicator is made up of, as a way to ensure it is robust going forward. But, like most people we can't predict the future. The profile of the NZ Wool clip is prone to change and evolve over time and if the methodology of this indicator is no longer appropriate then we will adapt as well.
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