Entries by Tim Marwedel

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Fleece market dearer. Driven by competition from Chinese interests. Finer types most affected. FLEECE 16.5 / 19.5 micron 2% dearer 20.0 / 20.5 micron fully firm 21.0 / 21.5 micron 0.5% dearer SKIRTINGS Generally unchanged OPEN TOP Tending 1% dearer for best length lots.  

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market generally firm over all. Fine wool rallied towards the close of sale. FLEECE 16.5 / 17.5 micron up to 1% dearer 18.5 / 19.5 micron fully firm 20.0 / 20.5 micron 0.5% easier 21.0 / 21.5 micron fully firm SKIRTINGS Better skirtings firm unchanged OPEN TOP Generally firm  

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market tone this week was positive with all micron categories finishing in positive territory at the close of sales this week. It seems that the realization of the shipping squeeze prior to the xmas recess had exporters in a positive frame of mind to have some continuous supply of wool on the water […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT 29% of the large fleece offering in Melbourne, mainly Chinese qualities, was passed in today. This created stronger competition as the sale progressed. FLEECE All FNF types tending slightly dearer. Focus remains on 19.5/21.0 micron SKIRTINGS Fully firm, trending upward towards the close. OPEN TOP Generally fully firm  

AUSTRALIAN WEEKLY MARKET REPORT

Comment A recent Chinese government uniform order has stimulated demand for all 21.0 micron and broader this week. The volume is not considered enough to change the fortune of the medium and broader merino wools long term but it was enough to kickstart the market for 19.5 micron and broader. Prices in this range, right […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Market easier, inferior fine wool most affected FLEECE 16.5 micron unchanged 17.5 / 18.5 micron best quality unchanged, inferior lots were 1 to 2% easier 19.5/20.0 micron 1% easier 20.5/21.5 micron 0.5% easier SKIRTINGS Good light fault skirtings were unchanged. OPEN TOP Fully firm.  

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Medium and broader merinos dearer, fine wool slightly easier. Vegetable matter is still the major factor determining market competition. FLEECE 14.5 / 15.0  micron fully firm 15.5 /18.5 micron up to 1% easier 19.0 micron par to 1% dearer 19.5 micron 1% dearer 20.0 / 21.0 micron 2 to 3% dearer SKIRTINGS Good light […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Greasy trading activity late last week and through the weekend with Chinese clients was an indication for a very positive opening to the market. Prices advanced a little more than they probably should have as traders and indent buyers pushed to secure some volume against their commitments. As a result, trading activity and general […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Following yesterday’s greater than expected rally, the market opened a little cheaper. It then firmed up as the sale progressed. FLEECE All good light fault descriptions unchanged Inferior types also harder to buy towards the close. Opened 0.5/1.0% cheaper but improved. SKIRTINGS Best style skirtings generally firm to slightly easier. OPEN TOP Fully firm […]

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