Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market rebounded nicely this week with a firming trend and more widespread competition at the lower basis. All merino fleece types closed around 1% dearer, with some better descriptions up to 2%. 17.0 micron and finer were most affected. Prices remained within this trend until the close in Fremantle. AWEX Eastern Indicator compared […]

EASTERN AUSTRALIAN MARKET REPORT

Market very firm, tending in sellers favour for better lots. COMMENT Prices stabilising with improved competition around these levels. FLEECE 17.0 micron and finer 1% dearer 17.5 / 21.5 micron better specification up to 1% dearer All others firm unchanged. SKIRTINGS Very firm OPEN TOP Unchanged

EASTERN AUSTRALIAN MARKET REPORT

A better market tone. Fleece types strengthened after the opening of the sale. COMMENT A lower passed in rate. Around 10% of the offering failed to meet the grower expectation. FLEECE 16.5 micron 2% dearer 17.5 / 21.5 micron par to 1% dearer. SKIRTINGS Unchanged OPEN TOP Very firm

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales resumed this week after a three-week midyear recess. Buyer expectations leading into the sale were obviously pessimistic amidst a global crisis that continues to escalate. General comment amongst exporters was that business had come to a standstill over the past two weeks. Clients were likely to be waiting for sales to resume. As […]

EASTERN AUSTRALIAN MARKET REPORT

The market opened a little cautiously but rallied with a little more strength through the middle of the auction. COMMENT A better market tone. Buyers still cautious but a few were more active today. Crossbred types remain generally firm. FLEECE 17.5 / 18.5 micron 1% easier 19.5 / 21.5 micron 2% easier SKIRTINGS 17.5 micron […]

EASTERN AUSTRALIAN MARKET REPORT

The market has opened on a very disappointing tone. All descriptions cheaper. COMMENT About 30% passed in overall but nearly 50% of the Melbourne Merino fleece wool failed to meet the grower reserve. Crossbred types only 2% easier. FLEECE Some fairly significant changes in price. Most types and descriptions 6 to 8 % cheaper when […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market was dearer again, following on from the more positive tone last week. The finest and broadest merino types recorded the biggest gains. This would largely be a reflection of supply. There is still limited supply of fine and broad merinos with most of the selection fitting into the 18.5 / 20.0 – […]

EASTERN AUSTRALIAN MARKET REPORT

The market closed for the mid-year recess on a very strong note. All descriptions dearer. COMMENT The market opened stronger and gained momentum as the sale progressed. FLEECE 18.0 micron and finer 2 to 3% dearer 18.5 / 19.5 micron 2% dearer but also in the largest supply 20.0 / 22.0 micron 3% dearer SKIRTINGS […]

EASTERN AUSTRALIAN MARKET REPORT

Market around about, although a little irregular with a stronger Australian Dollar against the USD. COMMENT A large offering. The market was reasonably well sustained around the current level although a little irregular in patches. FLEECE 16.5 micron and finer tending a little dearer, par to 1%. All better specification (length, strength and yield) were […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The 2020 wool season has opened on a positive tone with more widespread competition on the whole range of types and qualities on offer this week. Chinese interests have continued to dominate but with more support this week from European processors. The competition from China has pushed the lower specification types and resulted in […]

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