Entries by Mark Symes

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market was much more positive today with currency adjustment. Best style and strength keenly supported. All sectors active.  FLEECE Best style 19.5 micron and finer par to 1% dearer in keen competition. Chinese style 19.5 micron and finer par to 0.5% dearer. 20 micron and broader par to 0.5% easier. SKIRTINGS All descriptions […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market dearer from the opening lot. Much better competition across all types and descriptions. FLEECE 17.0/185 Best style 2% dearer in keen competition.. All 17/19 micron 1% dearer. All 19.5/21.5 micron 1-2% dearer. SKIRTINGS Good skirtings fully firm tending sellers fav. OPEN TOP All 1% dearer in limited selection.

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The last small offering of merino superfine fleece in Sydney resulted in significant gains for growers as Italian interests compete aggressively. Chinese indent & traders push 18 micron and broader categories into positive territory. FLEECE Limited Best style extreme in good competition. All 18 micron and broader 1% dearer in strong competition. SKIRTINGS Best […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market remains unchanged overall this week despite another large offering of high quality superfine merino wool ex. New Zealand sold in Melbourne on Thursday. Minimal change in all the Authentico index’s except for 15 micron which was the only one to finish in positive territory for the week. The 16/17.5 micron categories struggled […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT New Zealand ONLY selling in Melbourne today. Best style well supported. Compared to Melbourne market yesterday. FLEECE Best style 16.0/17.5 micron a fully firm in good competition. Average Chinese type 16.5/17.5 1% easier. All other descriptions up to 1% easier. SKIRTINGS Best FNF skirtings generally unchanged. Others Irregular OPEN TOP Insufficient to quote.

EASTERN AUSTRALIAN MARKET REPORT

COMMENT With 4,000+ bales Ex. Tasmania today the market was tested. Over supply of Best style Euro spec 15/17.5 micron reacted negatively, whilst broad merinos benefited despite the freight equalization between Melbourne and Tasmania. Chinese greasy trading companies chased the volume, while some Chinese indents stayed out of the market due to Lunar New Year […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market closed easier today, however despite the Chinese New Year celebrations good widespread competition and grower resistance helped. Some selected high quality certified wool were the shining light in an otherwise dull day. FLEECE Best style 15/17.5 micron Euro spec wool up to 2.0% easier. Best 18/18.5 micron were 1.5% easier.  All 19/21.5 […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The wool market drifted again this week overall, but what is not reflected in the market is the improvement in high quality superfine certified wool. The Italian sector worked hard this week to secure what will be the last smallish offering of these types until Sept/Dec 2024. China indents continue to accumulate volume despite […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Keen competition on high quality Italian spec wool. Currency adjustment kept China spec slightly easier at the close.  FLEECE Best style 15/15.5 micron Euro spec wool up to 1.0% dearer in keen competition. Best 16/17.0 micron were 1% easier.  All 17.5/21.5 micron finished the day unchanged. SKIRTINGS All description 17.0 micron and finer finished […]

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