EASTERN AUSTRALIAN MARKET REPORT
Market dearer COMMENT A strong market tone from the outset and improved as the sale progressed. FLEECE All fleece opened around 1% dearer but closed more than 2% dearer. SKIRTINGS 1 to 2% dearer OPEN TOP 2% dearer
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Market dearer COMMENT A strong market tone from the outset and improved as the sale progressed. FLEECE All fleece opened around 1% dearer but closed more than 2% dearer. SKIRTINGS 1 to 2% dearer OPEN TOP 2% dearer
Comment The focus shifted to the finer micron types this week and in particular the shorter knitting types. Tender fleece, prems and good pieces 17.5 micron and finer all performed particularly well, dominated by Chinese interests. The market was expected to settle a little this week with reports of not a lot of interest around […]
Market a little easier again. Fine wool least affected. COMMENT Fine tender fleece and good pieces keenly sought after. FLEECE All tender fleece and prems fully firm Good to best fleece 18.0 micron and finer 1% easier 18.5/20.0 micron 2% easier 20.5/21.5 micron 3% easier SKIRTINGS 17.5 micron and finer fully firm 18.0/20.0 micron 2 […]
Market easier but a stronger market tone than expected. COMMENT Fine wool in particular were keenly sought after in limited supply. FLEECE 17.5 micron and finer unchanged 18.0/18.5 micron 1% easier 19.0/19.5 micron 2% easier 20.0/21.5 micron 3% easier SKIRTINGS 17.5 micron and finer 1% easier 18.0/20.0 micron 1 to 2% easier OPEN TOP Nominally […]
Comment The last two weeks have seen a significant change in market sentiment. As we said a few weeks ago, the price then was not a true reflection on the value of wool. It was more a reflection of the circumstances that the global economy is in. Wool production in Australia remains at a 100-year […]
Market continues upward strongly. COMMENT All types and descriptions dearer. A very small percentage passed in today. FLEECE 21.5 micron and finer 3% dearer SKIRTINGS 4 to 5% dearer OPEN TOP Nominally 3 to 4% dearer
Market considerably dearer. COMMENT Prices opened at the high basis and were maintained through the sale. FLEECE 18.5 micron and finer 5% dearer 19.0 / 20.5 micron 8% dearer 21.0/21.5 micron 7% dearer SKIRTINGS 3 to 4% dearer OPEN TOP Nominally 3 to 4% dearer
Comment Despite the larger weekly offering which included 3,000 bales from New Zealand offered in Melbourne, the market has staged a very encouraging rebound. There has seemed a level of resistance in recent weeks. Growers we offering less wool and prepared to pass their wool in. This has resulted in a squeeze on supply. Prior […]
Market dearer again. A very positive result. COMMENT Some buyers chasing to accumulate volume right to the close of sale. Prices improved through to the end. FLEECE 15.5 very firm in a limited selection 16.5 micron 1% dearer 17.5 micron 2% dearer 18.5 / 21.5 micron 3% to 4% dearer SKIRTINGS 3% to 4% dearer […]
Stronger market COMMENT Larger offering FLEECE 15.5 / 18.0 micron 2 to 3% dearer 18.5 / 19.0 micron 2% dearer 19.5 / 21.5 micron 1% dearer SKIRTINGS All descriptions generally par to 1% dearer OPEN TOP Nominally up to 1% dearer
