Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment Buyer interest was again around 19.5 and 21.0 micron with the Chinese market focusing in this area. Currency movement including Chinese Renminbi, cautious demand, aggressive selling prices and a relative stable market for 19.0 micro and broader have all made for a difficult trading period in recent weeks. History will have a few a […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Broader edge trending upwards as Chinese competition ramps up late in the sale.  FLEECE Spinners 18.0 micron and finer unchanged Best to good topmaking 18.5 micron and finer 1 to 2% easier Average types with Chinese specification 19.0 and finer unchanged All 19.5 micron and broader 1% dearer, finishing stronger as the sale progressed. […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment There wasn’t much change in the market this week. Chinese interest remains, but during this period of the season it’s usually more subdued. Buyers were very price conscious earlier in the sale. We expect prices to move within this narrow range, subject to currency movement, for the short term. Traders are indicating that demand […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Not a lot of change today. The AUD was a little softer against the USD and Melbourne sold in isolation including a small selection from New Zealand. FLEECE All descriptions were generally firm with the exception of 20.0/20.5 average Chinese types, which were a little easier -0.5/1.0%.   SKIRTINGS Generally firm with strong market […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales resumed this week following the annual three week recess. With many European business winding up for their summer holidays, and Chinese demand a little uncertain, all prices opened cheaper on Tuesday. Following that initial reaction, there was some daily market movement between centers as prices began to align for similar qualities. The final […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Sales have reopened after the three week recess on a cautious tone. The market expectation was for a cheaper market. Prices opened lower but were well maintained in large volume around those adjusted levels. FLEECE Best fine certified NM lines remain keenly sought after with 18.5 and finer fully firm. Italian interests dominating. Good […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment While the general market was cheaper across the board, the standout performance continues to be the few high quality fine wool clips. Not only the NM clips, but all best style 16.0 to 18.0 micron with good specification suitable for the Italian market. They were all dearer for the week. Fine wool is not […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Not much change in the market today with the exception of the few best superfine fleece types that remain keenly sought after for the Italian market.  FLEECE Best selected clips 16.5 / 18.0 micron were 2% dearer. All good specification fleece with 1% VM and 19.5 micron and finer generally unchanged. 20.0 / 20.5 […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The gap between certified wool and non certified wool continues to widen in the closing week of sales. The large volume offered did test the market, however it is segmented with best style and strength less affected by this weeks activity. Greasy wool traders took the opportunity to take some cover against open positions, […]

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