Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market traded in a narrow range again this week, highlighted by the positive tone at the close on Wednesday. The market was most definitely more keenly contested in the closing stages of Wednesday’s sale and finished strongly in Fremantle. While it’s difficult to measure for a variety of quality variables, the non mulesed […]

EASTERN AUSTRALIAN MARKET REPORT

Market a little easier. COMMENT A large offering and the Australian dollar is stronger against the US dollar. FLEECE Best 18.0 micron and finer 1% easier. Best 18.5 / 21.0 micron 2% easier Good specification all 2% easier Inferior specification, tender with high mid break all 2 to 3% easier. SKIRTINGS 18.5 micron and finer […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Prices have ended around similar levels of last week. After initially opening cautiously, prices improved over the remainder of the sale. The market was in a stronger position at the close of sale Tuesday night than what most reports and indexes would lead us to believe. This flowed into a more positive tone on […]

EASTERN AUSTRALIAN MARKET REPORT

The market opened cautiously but improved as the sale progressed. COMMENT There was a competitive tone in the auction room today which gained momentum throughout the sale. FLEECE Better specification par to 1% easier. Others 1 to 2% easier. SKIRTINGS Best fine skirtings par to 1% easier, with 17.0/17.5 micron those most keenly sought Others […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Market volatility remains the new normal. Greasy wool is being traded on a ‘hand to mouth’ requirement for prompt delivery. In the current environment, customers are less likely to make a decision on their longer-term requirements. The ongoing global situation is limiting the amount of risk or exposure they are prepared to take. They […]

EASTERN AUSTRALIAN MARKET REPORT

Market a little less extreme and settled around 2% cheaper. COMMENT It was not expected that the extraordinary performance of yesterday could be maintained. The market settled around 2% below, but competition remained strong to the end. If anything, it improved a little towards the close. FLEECE 2% easier. Best fine fleece were least affected […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Following the softer tone at the end of sale last week, the market opened cautiously. It was however noted that buyer competition remained very active at the lower basis. It was obvious that they wanted to buy but were clearly cautious about the price paid. The tone of the auction room was different to […]

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