Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment Auction sales have started 2022 in a very positive way. We shouldn’t be so surprised. In the past 13 years, since January 2010, the market has opened strongly in January with the exception being January 2014 and January 2015 when, in both cases, the market was very firm. We are not sure of the […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The auction has performed strongly in the penultimate sale for 2021. Under the circumstance of shipping deadlines for a pre-Christmas shipment having now passed and a strengthening Australian dollar, the market could have struggled to maintain this week. But, as has been the case for some time now, the market continued to sell in […]

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 […]

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