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But we are proud to say that Tim Marwedel contributed 667 entries already.
Market a little easier across the board but considering the strength of the AUD, it’s a positive result. COMMENT Not a lot of change but tending up to 1% easier with lines of lower quality most affected. FLEECE 15.5/16.5 unchanged 17.5/18.5 micron up to 1% easier for lower strength lines 19.5 micron fully firm 20.5/21.5 […]
Comment A stronger AUD against the other major currencies, particularly the USD, along with a small offering were the most significant factors influencing the wool market this week. The AUD was 4.5% stronger over the week against the USD. According to analysts this was largely due to strong iron ore export prices coinciding with a […]
Market very firm with the Australian dollar remaining strong against the other major currencies. COMMENT Chinese interests were more active. The superfine merinos and broader merino wool’s were those most keenly sought after. These are the types in the smallest supply. FLEECE 16.5 micron and finer very firm 17.5 / 20.5 micron firm unchanged 21.0 […]
Market dearer. AUD sharply stronger against the USD COMMENT Difficult to quote the market in a small and varied selection but competition was strong. FLEECE 16.5 micron and finer unchanged 17.5 / 18.5 micron par to 1% dearer 19.0 / 21.5 micron fully 1% dearer SKIRTINGS 1% dearer, best most affected. OPEN TOP Generally 1% […]
Comment Small but positive gains were seen across the whole offering this week. The clearance rate was higher as well with more than 17,000 bales sold, or 92% of the bales available. The notable factor was that all types from superfine merino to crossbred and cardings all improved by similar percentages. We are seeing a […]
Market very firm, tending slightly dearer. COMMENT It was a good sign to see Melbourne sale sell to a similar level to Tuesday, if not a bit better. No sale in Sydney today. FLEECE 16.5 micron tending 1% dearer in a limited selection. 17.5 micron very firm 18.5 / 19.5 micron sellers favour 20.5 / […]
Market dearer COMMENT News of new business in China late last week filtered through to the auction. All descriptions about 2% dearer. FLEECE Generally 2% dearer, better specification most affected. Particularly relating to yield, length and strength. SKIRTINGS 2% dearer, best most affected. OPEN TOP Generally 2% dearer.
Comment Best fine wool, all cardings and the crossbred types were all keenly sought after this week. The market indicators were generally easier but it’s nice to focus on these few positives this week. Good style and specification fleece wool 16.5 micron and finer remained very firm, in fact the few bales around 15.0/16.0 micron […]
Market easier, best least affected. COMMENT The better performing fine wool types were keenly sought after. FLEECE 15.0/15.5 micron fleece in limited supply but in keen demand. 16.5/17.5 micron generally unchanged 18.5/21.5 micron 2% easier, again with the better specification types least affected. SKIRTINGS Skirtings – best lots up to 1% easier, others 1 to […]
Comment It was another disappointing week for the Australian wool market. There were 20,000 bales sold to the trade for a value of just under M$26. The selection remains very poor and more than half of the normal greasy wool supply chain are not able to buy for various economic reasons. It seems that the […]