Entries by Mark Symes

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. A late rally in the A$dollar negated the markets ability to finish in positive territory today. Two markets emerging, with Sydney finishing quite firm, whilst Melbourne slightly easier in a larger offering.  FLEECE Best style/strength high quality wool remains firm in keen competition. All China spec wool finished the day slightly easier taking both […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. The market continues to improve as the currency movement assisted and good widespread competition in generally small offerings..  FLEECE Best style/strength high quality wool remains firm in keen competition. All China spec wool finished the day in positive territory 0.5/1.0% dearer.  SKIRTINGS Good FNF skirtings firm.  All others irregular.  OPEN TOP All descriptions firm. 

AUSTRALIAN WEEKLY MARKET REPORT

Comment The first days selling presented the market with some real challenges this week as all micron categories finished the day in negative territory. Not even the weaker currency would help arrest the slide. Chinese indent buyers still continue to dominate the sale room, as greasy traders tried to keep pace. The talk of slow […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The Market struggled to gain momentum this week, with a flailing currency, commodity prices globally weakening, and slow demand. The shining light this week were the high quality certified wools which are still keenly sought from various sectors. Large Chinese topmakers still continue to support the market heavily, whilst the greasy traders are replenishing […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. The market softened a little today off the back of a weaker currency and lower than expected commodity prices overnight.  FLEECE European style/spec wools fully firm.  All other descriptions: 16.5 / 18.5 micron 1% easier 19 mic  – Firm.  19.5 / 21.5 mic  – +0.5% dearer at the close.  SKIRTINGS All FNF Skirtings slightly […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. The market remains vulnerable against a fluctuating currency, small volumes and slower than usual demand..  FLEECE European style/spec wools fully firm.  All other descriptions: 16.5 / 17.5 micron 1-2% easier 18.5 mic  -1.0% easier.  19/19.5mic wools – 0.5% easier.  20mic broader wools were buyers favour.  SKIRTINGS All FNF Skirtings fully firm. Others par to […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. A slight adjustment in the market today due to larger volumes being offered, which shows the vulnerability of the lack of demand. Best style/strength went against the trend today finishing the day firm in keen competition. FLEECE All Best style/strength fully firm in keen competition. All China descriptions finished the day par to 1% […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market short term rally has positive results off the back of fluctuating currency, Chinese stimulus package creating some consumer confidence.   FLEECE All descriptions 21.5 mic and finer 2% dearer. SKIRTINGS Good FNF skirtings 17 micron finer 2% dearer.   Good FNF skirting 17.5 broader 1.5% dearer. OPEN TOP All descriptions 1% dearer. 

AUSTRALIAN WEEKLY MARKET REPORT

Comment It was welcome to see some genuine positivity in the market this week finishing in positive territory across all micron categories. The highlights of the week were the strong performance of the high quality sub 15 micron which found healthy gains, well above previous weeks and months. This short term rally was supported by […]

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