Entries by Mark Symes

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. A higher A$ dollar and an oversupply of Chinese type wool in a week of low demand sees the market finish in negative territory.  FLEECE Best European style/spec wools keenly sought after with little change.  Chinese style/spec wools 16-16.5 mic 1% easier. Chinese style/spec wools 17-17.5 mic 2% easier. Chinese style/spec wools 18-19.5 mic […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment This week the market dealt us a serious blow to enthusiasm as we saw the market lose all the gains from the previous week. A larger than expected volume of wool in the 15 to 18.5 micron categories, saw these indicators fall approx. 2%. Less than expected competition from Europe and India fail to […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment A very positive reaction in the wool market this week, with the volatile currency, the return of all the Chinese topmakers and indent buyers after Chinese Lunar New Year Celebrations and renewed competition from European and Indian assets helping drive the market to new levels not seen since May 2023. Add to this an […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Better than expected economic data out of Europe provides a spark of competition to help the market to finish in positive territory today. FLEECE Best style Euro spec fully firm with Certified finishing 1% dearer. All China style 16.5mic and finer 0.5% dearer.  All China style 17mic and coarser finished 1 – 1.5% dearer. […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. The market started slowly with currency adjustment in play, however with all sectors active finished in positive territory at the close. FLEECE Best style/strength certified wool clearly in demand finishing 1-2% dearer in keen competition. All China style 16 to 21 micron finished the day unchanged SKIRTINGS Best FNF skirtings 1% dearer in keen […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment w What a good start to the year with the wool market finishing in positive territory for all micron categories. The A$ dropping by approx. 3% fuelled the market while keeping the US conversion at similar levels prior to the 3-week recess. Greasy traders were active over the break selling at slightly above the […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment A challenging week as Exporters juggle a fluctuating currency making it attractive to keep buying, whilst trying not to carry excess stock into the recess period. Finishing containers to keep wool moving created some competitive rallies, which was seen in some micron categories. Indent buyers who have been most supportive of this market maintained […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. No better way to finish the year than with a market in positive territory. Euro spec 16.5/17.5 were again in keen demand as were broad merino 19.5/21.5 micron finishing strongly.   FLEECE Euro spec 16.5/17.5 micron 1-2% dearer in keen demand. China spec 17/19.5 micron 1% dearer China spec 20/21.5 micron 1.5% dearer. SKIRTINGS All […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Better market tone as we finished the day in positive territory. Euro spec 17/18 micron were in keen demand, whilst most China styles were dearer with the exception of 16.5/17.5 micron.   FLEECE Euro spec 17/18 micron keenly sought. China spec 18/19.5 micron 1% dearer China spec 20/21.5 micron 0.5% dearer. SKIRTINGS All FNF Best […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. High quality certified wool stole the show today keenly sought and rewarded.   FLEECE Better specification, light fault tending slightly dearer. All good Chinese specification with VM 1, very firm B fault fleece 1% Easier.. SKIRTINGS Better skirtings keenly sought finishing firm. Others slightly easier. OPEN TOP Fully firm.

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