EASTERN AUSTRALIAN MARKET REPORT
COMMENT Market generally unchanged with some variability due to the mixed quality on offer. FLEECE All fleece generally unchanged. SKIRTINGS Unchanged. OPEN TOP Nominally firm.
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Entries by Tim Marwedel
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment Driven by strong buying activity by indent operators on behalf of Chinese interests, the market opened generally flat. Most likely aided by a softening local currency against the USD. As the week progressed, a greater level of optimism was evident, and this pushed prices up as the sale progressed. Most interest was on the […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market dearer. FLEECE All fleece generally 1% dearer tending towards 1.5% dearer as the sale progressed. There was again particular attention on fleece wool with less than 1% VM. SKIRTINGS 18.0 micron and finer fully firm, tending a little dearer. 18.5 / 19.5 micron 1% dearer. OPEN TOP Unchanged.
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment Sales resumed this week following the Easter recess and a large national offering was put forward to the trade. The initial volume did certainly raise some premarket concerns while at the same time we had a strengthening Australian dollar against the USD. We did hear some reports of small but regular greasy wool trading […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENTN There was very little change overall, but the sale did include a short period where low fault types (0.5VM) appeared to be extreme. Buyers are still focusing on the lighter VM clips. FLEECE Seller’s favour for all good specification types. SKIRTINGS 18.0 micron and finer 0.5% easier 19.0 micron and broader buyer’s favour. OPEN […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market firm tending dearer as the sale progressed. FLEECE 18.5 micron and finer best fully firm, others 1% easier 19.0 micron to 21.5 micron all 0.5 to 1.0 % dearer with the lower VM types most affected. SKIRTINGS 16.5 / 17.5 micron 1% easier but in a lower quality offering. 18.5 / 20.5 micron […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Better light fault types unchanged, others a little easier. The market firmed as the sale progressed once the new level had been established. FLEECE Better light fault firm. Others 1% easier SKIRTINGS All descriptions 1% easier with the best lots least affected. OPEN TOP 16.5 / 17.5 micron 1% easier 18.5 / 20.5 micron […]
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment Again, not a lot of change in the general market. Buyers are still indicating that demand is limited, yet the auction market is performing reasonably well. The selection of best fine wool is becoming less and less every week and it’s becoming difficult to compare from week to week when trying to evaluate the […]
AUSTRALIAN WEEKLY MARKET REPORT
/in Australian Weekly Market Report/by Tim MarwedelComment There was not much change in the market this week. Despite there being little to celebrate in terms of demand prior to the sale, the market continues to outperform expectations. It was obvious from the opening day that, even if the market was a little flat, competition seemed more widespread with a larger range […]
EASTERN AUSTRALIAN MARKET REPORT
/in Eastern Australian Market Report/by Tim MarwedelCOMMENT Market generally firm for good, light fault wool. FLEECE 17.0 / 18.5-micron best types fully firm in very small supply 17.0 / 18.5-micron good to average types 1 to 2% easier 19.0 / 20.5-micron buyers favour. SKIRTINGS Skirtings up to 1% easier with the better lots least affected. OPEN TOP Unchanged to slightly easier. […]