Entries by Mark Symes

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Lack of supply and the looming cutoff dates for xmas shipping scheduling has driven the market today to new levels especially for best style and strength fine European types. Significant gains in Chinese specifications for 19 to 21 micron also. FLEECE All best specification types 17.5 micron and finer 4% dearer in extreme demand […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market finished the week better than expected as early indicators were signaled to be much lower off the back of slow demand and caution from traders and indent buyers. China, Japan and Europe all are quietly optimistic for the new year, however processing space will be an issue which has created some caution […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market expectation was superseded by a much more positive approach from indent and greasy traders today. There was some cautiousness with the A$ increasing however the market reacted differently with all sectors active. FLEECE Best style all descriptions and microns finished the day fully firm. Chinese style 18.5 micron and finer par to 1% […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Improved activity today with indent buyers and traders more comfortable buying at this level. Certified wool sold very well in keen competition from all sectors. FLEECE Best European specification 16.5 / 21.5 micron generally firm in strong demand. Good/Average style 16.5/21.5 micron generally 1% easier. Chinese specification 17.5 / 21.5 micron generally par to […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market struggles to maintain 2 weeks ago levels as caution creeps back into the buying arena. FLEECE Fleece 16.5 micron and finer are generally 3% easier in less demand. Best European specification 17.5 / 21.5 micron generally 1% easier in strong demand. Chinese specification 17.5 / 21.5 micron generally 2% easier in good demand. […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market found its feet this week off the back of strong demand. Chinese indent and traders were all active selling stocks and then going into the market to replenish. European style wools with high quality and excellent specifications all gained ground this week, especially 17.0/18.0 micron category attracted most interest. Certified wools of […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Encouraging positivity today as the market finishes stronger at the close of play. Best style FNF wool in keen demand. All sectors active.  FLEECE Best style 175/185 2% dearer in keen competition. Good style 165 micron unchanged. Good style 17/185 micron 25 dearer. 19/215 micron 1.5% dearer.  SKIRTINGS All descriptions 1% dearer. OPEN TOP […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Good demand has driven the market today into positive territory, with good business done with China across a wide range of types. The volatile currency still has traders nervous about the future strength of the market, however for the short term it appears to be more positive.  FLEECE All descriptions 16.5 to 21.5 micron […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market opened with a buoyant attitude, with only Chinese greasy wool traders the quietest. Best style and specifications were the flavor of the day and held their ground, whilst the wide ranging Chinese specified wool 165/175/185 seemingly less interest as they retracted again.  FLEECE All best style finished the day very firm. Good […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment It seems the impact of the Global downturn in economies has had a dramatic effect on the market this week. The demand from China has slowed which is affecting the market as caution is the tone from Chinese local processing. Europe has slowed due to increased fuel prices affecting the viability of keeping processing […]

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