Entries by Tim Marwedel

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market closed strongly again with all descriptions keenly sought after. FLEECE All descriptions a full 2% dearer with the Chinese specification types the most affected. SKIRTINGS All good types and descriptions 1 to 2% dearer in limited supply. OPEN TOP Par to 1% dearer.  

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market reacted strongly upward this week following a more optimistic outlook for the start to 2023. The rate that the market improved would certainly have caught most, if not all, by surprise. All merino types and descriptions were in demand. There was some cautious optimism to start the week with most of the […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market dearer in better competition. Australian dollar a little lower against the USD. FLEECE All descriptions 0.5 to 1.0 % dearer and strengthening in the second half of the sale. SKIRTINGS All good types and descriptions par to 1% dearer in limited supply. OPEN TOP 1% dearer.  

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market a little softer again with the exception of best 16.0/16.5 micron. FLEECE Best 16.0 / 16.5 micron 1% dearer 17.0 / 18.5 micron 1.5% easier 19.0 / 19.5 micron 0.5% easier 20.0 / 21.5 micron 1% easier SKIRTINGS All descriptions 1% to 2% easier with 17.5 micron and finer most affected. OPEN TOP […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market closed around about with the most interest still on good specification. The excess supply of overlong wool is impacting on the market. FLEECE All best specification types 18.0 micron and finer fully firm, Italian interests dominating. Good to average Chinese specification 18.0 micron and finer 1% easier 18.5 micron fully firm 19.0 […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Prices in USD remained fairly flat this week while edging lower again in local values. Chinese demand, needed to support the general offering, is spasmodic at best and failing to provide the competition needed to steady the market. There is no clear indication from China, and this is encouraging the negative sentiment. The better […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT The market closed generally quite firm. FLEECE 16.5 micron and finer still quite irregular due to variable quality. Best lots were 1% dearer, inferior lots 1% easier. 17.5 micron harder to buy, trending upwards. All others unchanged to slightly in buyer’s favour. SKIRTINGS Best skirtings with low VM generally unchanged OPEN TOP Slightly easier […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Good types suitable for the Italian market were well supported and trending upwards for the better non mulesed clips. All other descriptions were a little easier with inferior fine wool the most affected. FLEECE Best Italian types 15.5 to 19.5 micron unchanged Inferior 16.5 / 17.5 micron 3% easier All other descriptions 1% easier […]

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