Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment Despite a stronger Australian dollar during this period of unsettled currency exchange rates, the Australian wool market has again showed strong resilience even while customer demand is limited. Competition is dominated by the larger Chinese topmakers, buying directly on a commission buying basis. It seems that the market is unlikely to fall much while […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market showed stronger signs this week with more active buyer competition across a broad range of types. Most competition was on the average Chinese types with 1% vegetable matter. As we move further into May and June, the availability of low VM fleece will become less. This will help to maintain pressure on […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market a little better today. All good descriptions generally 0.5/1.0% dearer. FLEECE All good fleece 17.5 / 20.5 micron 0.5 to 1.0% dearer.  SKIRTINGS 16.5 micron 1% easier 17.5 micron firm 18.5 micron 1% easier 19.5 micron 1% dearer OPEN TOP Generally par to 1% easier.  

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market has opened after the Easter recess on a firm note. There was not a lot of optimism leading into the sale. However, as has been the recent trend, the market continues to outperform the general expectation. Some markets are willing the price lower, but it’s not trending that way. On the back […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Fine wool a little easier in a large and generally miscellaneous selection.  FLEECE 17.5 micron and finer 1.5% easier 18.5 micron 1% easier 19.0 / 21.0 micron 0.5% easier SKIRTINGS Better types unchanged Average types 17.5 micron and finer 1.5% easier 18.5 / 20.5 micron generally firm OPEN TOP Par to 1% easier.

EASTERN AUSTRALIAN MARKET REPORT

COMMENT   Prices stabilised leading into the Easter recess. FLEECE In a low-quality offering, fine wool was lacking support. 17.5 micron and finer 2% easier 18.5 micron 0.5% easier 19.5 micron unchanged 20.5 / 21.0 micron buyers favour. SKIRTINGS Fully firm. OPEN TOP Unchanged.  

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market opened strongly on Tuesday with just Sydney and Fremantle selling. Prices stabilised on the second day and drifted slightly lower on Thursday with Melbourne selling in isolation. The market continues to trade within a very tight range with the only variable being the superfine (15.0 micron group) which are variable based on […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Sydney and Fremantle only. Market tone was again positive. Broader merino types were those most keenly sought. FLEECE 16.5 best unchanged, average 1% easier 17.5/18.5 micron unchanged 19.0/21.0 micron 0.5 to 1% dearer with better specification 19.5 micron most affected. SKIRTINGS Good skirtings 1% dearer, better light fault most affected. OPEN TOP Fine edge […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market sentiment was clearly more confident from the opening bid this week and prices steadily improved as the week progressed. The selection of good fine wool was also quite poor. There is now very limited good fine wool available so it’s difficult to compare from week to week. While prices improved within a […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market dearer from the opening lot. Much better competition across all types and descriptions. FLEECE 16.5/17.0 generally unchanged but in a very average offering. 17.5/21.5 micron 1% dearer, improving as the sale progressed. SKIRTINGS Good skirtings fully firm, better competition. OPEN TOP Unchanged

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