EASTERN AUSTRALIAN MARKET REPORT
COMMENT Market drifted downwards slightly. FLEECE All descriptions generally 1% easier SKIRTINGS 1% easier OPEN TOP Generally firm in a small offering.
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Entries by Tim Marwedel
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment The finer micron merinos were cheaper early in the week, but they rebounded quite strongly during the sale on Wednesday. There is no doubt an element of variable quality that is influencing these fluctuations from week to week. The market sentiment was more positive at the close of the sale with the Fremantle auction […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT A much better market tone today. AUD lower against the USD. FLEECE 17.5 micron and finer 1.0 to 2.0% dearer. 18.0 / 19.5 micron 0.5 to 1.0% dearer 20.0 / 21.5 micron fully firm SKIRTINGS All good skirtings 1% dearer OPEN TOP Fully firm.
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Fine wool easier to buy, broader lots harder to buy. FLEECE 15.5 micron fully firm 16.5 / 17.5 micron 1 to 2 % easier 18.0 / 19.0 micron 1% easier 19.5 / 21.0 micron up to 1% dearer and stronger at the close of sale. SKIRTINGS All good skirtings fully firm. OPEN TOP 1% […]
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment It was a much more positive week this week in terms of auction results. All types and descriptions were either firm or tending dearer in a large national offering. For us, the focus was on the first small, but high quality, superfine offering. The quality so far is very good yet not so fine […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market a little stronger, particularly typical Chinese qualities around 19.5 micron. FLEECE 15.0 / 15.5 micron 1% dearer 16.5 / 17.5 micron best firm, others 0.5% easier 18.5 / 20.5 micron 0.5% dearer 21.5 micron fully firm SKIRTINGS Better fine lots tending 1% dearer. All others firm. OPEN TOP Par to 1% dearer.
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment Sale prices were lower this week with the exception of the ultrafine merino wools. Sub 15.0 micron and best quality 16.0 micron are still attracting strong support in small supply. In USD terms, the AWEX EMI at 726 c, is now the lowest since September 2020. Prior to that “covid year”, we need to […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market easier. FLEECE Best lots with 1.0 VM up to 1% easier All other descriptions a full 2% easier with 19.5 micron least affected. SKIRTINGS Generally 1 to 2% easier for all descriptions OPEN TOP 1 to 2% easier
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment It was a softer market this week. The large trading houses and topmakers were a little quieter to start the sale. Economic news coming from China is not providing the necessary confidence to stimulate trading activity and Europe is largely on holidays. Trading conditions are difficult, as they often are at this time of […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market slightly easier overall but with 19.0 micron and broader tending upwards at the close of sale. FLEECE 16.5 / 18.0 micron best fully firm 16.5/18.0 good to average types 1 to 2% easier 18.5/20.0 micron 0.5 to 1% easier on average but tending to close around yesterday’s levels at the close of sale. […]