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But we are proud to say that Tim Marwedel contributed 667 entries already.
Comment It was an extraordinary week for the wool market with unprecedented increases in price across the broad spectrum of types. It’s difficult to explain the reasoning for such a market reaction. We noted the finest microns were those again in the greatest demand and in particular, the better quality certified clips. The trading companies […]
Comment The Nanjing Wool Conference held last week set the tone for this strong market surge. It resulted in one of the largest weekly gains in years. All types and descriptions with the exception of the carding sector advanced in price to levels, in some cases, not seen in 5 years. Supply and demand will […]
Comment It was another very positive result for wool prices at the Australian auction centres this week. The improved superfine offering available across both the Sydney and Melbourne sales, were keenly sought after. Chinese activity was positive and focused on the 16.0 to 18.5 micron and finer range while the Italian sector competed for the […]
Comment Auction prices have rallied strongly, catching some by surprise. It’s been an exceptionally good run and one that is well needed to build confidence in the industry. The usual major buyers are facing good competition from a wider range of exporters while supply remains a limiting factor. With the considerable rise on Tuesday, prices […]
Comment The market is continuing its upward trend for the 7th consecutive sale. There’s particular interest in fine wool with 16.0 to 18.0 micron coming under the greatest pressure. This is a welcome result with current fine wool prices not sufficient to sustain a fine wool production enterprise. The drought conditions in southern Australia have […]
Comment Sales opened on a positive note following the three-week mid-year recess. We were offered large volume, with in excess of 40,000 bales on sale across the three selling centres. The total value of this week’s sold wool was around AUD M$55. Activity was evenly spread amongst a good cross section of buyers. This was […]
Comment Sales have finished on a positive note. The momentum created in recent weeks has continued with stronger demand and a wider range of buyers competing for a larger volume of wool. All in all, it was a very positive close for the pending three-week recess from auctions. The demand was driven primarily by Chinese […]
Comment It was a very small national offering with just 22,000 bales eventually sold. The market is difficult to quote under such limitations of supply. The market tone, however, was much improved. Buyers were noticeably more active and competing strongly. In particular focus was the finer wools. 16.5 to 18.5 micron , Chinese qualities, were […]
Comment There were selected fine and superfine wool clips that attracted the attention of Italian interests this week. The focus was on wool quality, and it was encouraging to see that there was more than certification that was driving the demand for these clips. Light fault, higher yielding fleece lines are still selling above the […]
Comment Sales have opened for the new season with, as expected, not much change. The result on the opening day was better than expected with the strength of the AUD against the USD. Prices were dearer in US values. This slowed things down a little on Wednesday. Prices did rally a little towards the end […]