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But we are proud to say that Tim Marwedel contributed 691 entries already.
Comment The market closed on a very positive note. Buyer confidence was more widespread, and they competed stronger towards the close of the sale. All types and descriptions seemed to be in favour with buyers seemingly building inventory. Perhaps the realisation that we have just the one more sale prior to the three-week recess. Following […]
Comment The general market trend continues to be soft. Despite this, the small pocket of positive news this week was the performance of the limited offering of good specification non mulesed types, suitable for the Italian market. The offering was not big, but these types held ground in terms of price, while other categories were […]
Comment There was not much positive news to report from this week’s sale series. Volumes for sale were small, the supply variable and generally quite average in terms of quality. Traders continue to report of limited opportunity to sell. This is a reflection of this time of the year as well. It’s not the perfect […]
COMMENT Some irregularities in fine wool today. Good types well supported but average and inferior types attracting less interest. FLEECE Best style and specification, suitable for the Italian market, generally unchanged to slightly easier. All China specification – 16.5 / 18.5 micron 2% easier 19.0 / 20.5 1% easier SKIRTINGS Generally, 1 to 1.5% easier […]
Comment The market was softer this week with traders reporting sluggish demand in recent weeks. The positive take on the market, as reported by AWEX in their weekly market report, is that the EMI has closed at 1142 for the season. It’s 1.4% higher than the close 12 months ago (1126). The result is similar […]
Comment This week’s sale has highlighted the current market status. There is no particular urgency for anyone to buy wool, yet most sectors are actively buying. Price is the main driver and following a few weeks of slightly improving prices, they have generally settled a little this week. Buyers, traders and topmakers are all buying […]
Comment All types and descriptions were dearer this week. Competition for the fewer bales that were on offer at this time of the season was strong. Better specification Italian types were keenly sought after, especially any lots below 15.0 micron. They are attracting very keen interest for a strong luxury market that is least impacted […]
Comment There was more widespread competition at this week’s auction. The total volume on offer was just 26,000 bales nationally and this included some older bales coming out from the grower held stocks. Selected best style and specification lines, suitable for the Italian market, were keenly sought after. They were around 2% dearer. We’re also […]
Comment There was bidding pressure from a wider range of buyers this week and in a small national offering. In the end, just 31,000 bales were on offer and with the improved market, growers were again more inclined to sell. Competition was driven by the Chinese market, supported by the Indian sector with those representing […]
COMMENT An improved market tone continued today. The market seems to be more positive. All types and descriptions tending a little dearer in a small national offering. FLEECE All fleece generally 0.5% dearer with competition from China dominating. Italian interests were keen on the small selection of good fine types. SKIRTINGS Fully firm, tending slightly […]