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But we are proud to say that Tim Marwedel contributed 667 entries already.
Market generally firm at the close. COMMENT Prices opened a little cautiously with recent volatility but strengthened towards the close of sale to finish generally unchanged. FLEECE Some slight movement either way but generally firm overall. SKIRTINGS 16.5 / 17.0 micron 1% easier 17.5 micron and broader very firm. OPEN TOP Unchanged.
Market cheaper. COMMENT The market opened easier with more than 40,000 bales rostered for the week. Prices did improve as the sale progressed. FLEECE Best fleece 17.0 / 18.0 micron 1 to 2% easier. All others 3 to 4 % easier with tender, high mid break and low yielding wool most affected. SKIRTINGS Generally 4 […]
Comment Volatility continues. Tuesday this week saw the second greatest one day increase for the EMI according to AWEX reports, the largest being in September 2019. This followed with an easing in prices on Wednesday. The demand is for prompt delivery of greasy wool to China, clearly in short supply, and this is fuelling the […]
Market settles. COMMENT Market 2 to 3% easier but remained well supported at the basis. Best fine wool least affected. FLEECE Best 18.0 micron and finer 2% easier. All others 3% easier. SKIRTINGS 17.5 micron and finer 3% easier 18.0 / 18.5 micron generally unchanged 19.0/19.5 micron par to 1% dearer OPEN TOP 18.5 micron […]
Market extreme. COMMENT Chinese activity was obvious from the outset. All descriptions significantly dearer. FLEECE All fleece around 8 to 10% dearer SKIRTINGS Fine skirtings being bought ‘at best’ 18.5 micron and finer 10 to 12% dearer – 16.5/17.5 most affected. 19.0 / 20.5 micron 8% dearer. OPEN TOP Nominally 8% dearer.
Comment It has been an extraordinary turn around for the wool market in the last two weeks. Driven by Chinese demand, all types and descriptions were significantly dearer. With greasy wool supplies low and some fresh demand for prompt delivery, exporters were able to sell good volume leading into the sale and this was followed […]
Market squeeze continues. All descriptions strongly upward again. COMMENT Some buying at best to secure quantity against prior commitments. Chinese interests dominating. FLEECE All dearer, tender wool most affected. 15.5 to 18.5 micron 4 to 5% dearer. 19.5 to 21.5 micron 3 to 4% dearer. SKIRTINGS Burry and inferior lots most affected. 16.5 micron 3% […]
Market much dearer. COMMENT Prices opened strongly and were maintained. Knitting types most affected. FLEECE All fleece between 4 and 5% dearer with tender types most affected. Very minimal price premium for staple strength. SKIRTINGS 5 to 6% dearer, finest most affected. OPEN TOP 3 to 4% dearer
Comment We’ve now been selling around 30,000 bales per week for a few weeks with lower passed in rates. A few months ago, the market could only manage 20,000 per week. This is a much stronger market performance. Some would have expected a softening tone this week but prices were dearer from the outset. The […]
Market stable COMMENT There was little change today as the market settled at current levels. FLEECE 17.5 micron and finer slightly dearer in an improved offering 18.5 / 19.5 micron buyers favour 20.0 / 21.5 micron par to 1% easier SKIRTINGS Firm unchanged OPEN TOP Unchanged