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Market generally firm compared to Sydney and Melbourne COMMENT In a bit of an anomaly, the market has ignored the cheaper close in Fremantle last week to remain generally firm . FLEECE All generally firm. Better competition on the best specification lots. SKIRTINGS 17.5 micron and finer tending a little dearer, 18.0 and broader a […]
Comment A degree of panic buying emerged this week. There is no shortage of wool in general terms, with broker warehouses still holding more bales than this time last year. However, there is no doubt a shortage of fine wool and these types are more affected by this squeeze than the other types. There is […]
COMMENT Market settles around yesterday’s basis. Best fine wool still keenly sought. FLEECE 18.5 micron and finer best specification par to 1% dearer 18.5 micron and finer good to average specification unchanged 19.0 / 19.5 micron unchanged 20.0 / 21.0 micron 1% easier 21.5/22.0 micron unchanged SKIRTINGS Best lots all 1% dearer Others unchanged OPEN […]
Comment It was a very positive week for the Australian wool market. 44,000 bales were offered. This is 10% less than the indication last Friday and all types and descriptions were keenly sought after. The particular focus was on the finer microns. The Authentico Index values for 15.0 and 16.0 micron are now at the […]
COMMENT Market dearer as buyers scramble to accumulate wool with a particular focus on finer microns. FLEECE 18.0 micron and finer 2% dearer 18.5 to 19.5 micron up to 1% dearer 20.0 / 22.0 micron buyers favour SKIRTINGS 17.5 micron and finer 2% dearer 18.0 to 19.0 micron 1% dearer OPEN TOP Nominally 1% dearer. […]
COMMENT Market generally firm with some variability FLEECE 16.5 micron and finer 2 to 3% dearer in very limited supply 17.0 / 20.0 micron unchanged 20.5 / 22.0 micron up to 1% easier SKIRTINGS Better light fault skirtings very firm. Faulty and inferior types up to 1% easier OPEN TOP 17.5 micron and finer 1% […]
Comment Sales have opened in 2021 on a very positive note. Despite the large national offering and a stronger Australian Dollar against the USD, all types and descriptions were in demand. There was strong interest on the finer microns but it should also be noted that they are in smaller supply than what we would […]
The market opened for 2021 on a sound note. A focus on fine and superfine wool that remains in limited supply. COMMENT Despite the large volume this week, the market has opened on a very firm basis, strengthening a little as the sale progressed. FLEECE 18.0 micron and finer best 2% dearer, good fully firm […]
Comment A little under 45,000 bales were offered to the trade in the final sale for 2020. This is about 9% less than what was rostered. We appreciate the transparent approach of the Australian industry in providing such information but this ‘over estimation’ could well have created unnecessary concern leading into the large sale. We […]
Market rallies to finish on a strong tone after a cautious start. COMMENT Buyer activity increased as the sale progressed. Fine wool was of particular interest. FLEECE 17.5 micron and finer fully firm. 18.5/21.5 micron closed around 1% easier but were improving. SKIRTINGS 16.5 micron 1% dearer 17.5 / 18.5 closed at similar levels to […]