Entries by Mark Symes

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market closed on a very positive note this week prior to a three week recess. Currency movement in a downward trend was the main instigator this week allowing strong purchasing from Chinese indent buyers. Chinese greasy traders were less active as was Indian indent buying very subdued. A good offering of high quality […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The lower currency had everyone thinking that a much stronger market would be the result today, however we have finished fully firm. Certified wool and better style and strength were the recipients of keen competition today finishing in positive territory. FLEECE Best style 16/21 micron firm, finishing up to 1% at the close of […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market finishes in positive territory as the currency eased slightly. The biggest improver was 17.5 micron supported by Chinese indent buying whilst all other micron categories were supported by Chinese, Italian and Indian indents. Certified wool was well supported today by Italian interests. FLEECE Best style 16/17.5 micron 2-3% dearer.   All China specification – […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Grower resistance via withdrawn and passed in wool today does little to improve the market.  FLEECE Few best style FNF wools remain unchanged..  All China specification – 16.5/18.5  micron 0.5% easier 19/21.5 micron 0.5% easier with FNF wool least affected. SKIRTINGS All descriptions 0.5% easier.  OPEN TOP All 1% easier in limited selection.

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Currency adjusted market wool remains firm in USD terms. A good offering of certified wool sold very well today with widespread competition.  FLEECE Few Best style and specification generally unchanged in a limited selection.  All China specification – 16.5  micron 1-2% easier 17/18 micron 1-2% easier. 19 micron broader 1% easier SKIRTINGS Good FNF […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The last sale day of the season 2023-2024 ended on a positive with China indents more active supported by China greasy trading buyers, while Euro spec well supported by Italian interests. FLEECE Best style FIRM.  All China spec 19 micron finer unchanged. All China spec 19.5/21.5 micron 0.5% easier. SKIRTINGS All Low VM descriptions […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Unfortunately lack of demand has high impact on the market today, with all fleece categories finishing in negative territory. Skirting types and processed types less affected. FLEECE Best style 2% easier.  All China spec 20 micron finer 2% easier. All China spec 20.5/21.5 micron 1% easier. SKIRTINGS All Low VM descriptions par to 1% […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market opened in a positive tone today with Best style Euro spec well supported, along with FNF Chinese spec still finishing in positive territory at the close. FLEECE Best style 17.5/18.5 micron continue to be well supported..  All China spec 16.0/18.0 micron slightly easier. 18.5/21.5 micron par to 0.5% dearer.  SKIRTINGS All FNF […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market remains stable for best style/strength despite the currency movements and lack of volume. Certified wool keenly sought today across a wider range of micron. FLEECE Best style 17/17.5 micron continue to improve 1% dearer.  All China spec 165/18.0 micron unchanged. 18.5/21.5 micron par to 0.5% easier.  SKIRTINGS All descriptions par to 1% dearer..  […]

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