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But we are proud to say that Tim Marwedel contributed 667 entries already.
Market is still looking for some direction. COMMENT Limited competition. Buyers unable to consume the small volume on offer. FLEECE 17.0 / 19.5 micron better lots 2% easier 17.0 / 19.5 average lots 3% easier 20.5 micron 1% easier 21.5 micron generally unchanged in a limited offering. SKIRTINGS Better skirtings sold in buyers favour, others […]
Comment The market was cheaper across the board and with a clearance of only 17,000 bales we are no doubt in a difficult period. Growers still have the possibility to sell if they have the necessity and buyers can deliver against any small commitments that they may have. The situation appears worse in local currency. […]
Market cheaper. Almost 30% passed in. COMMENT Finer merino types least affected. FLEECE 16.5 micron generally unchanged in a limited selection. 17.5 micron 2% easier 18.5 / 19.5 micron 1% easier 20.5 / 21.5 micron 2% easier, broadest end most affected. SKIRTINGS Generally 1 to 2 % easier in a small and variable selection. OPEN […]
Comment The quality and the quantity of offering at the moment is unprecedented. All weekly market reports must take the very limited and overall poor-quality range of wool on offer into context. According to AWEX the average style of the merino fleece section in Sydney was 5.5. This means that overall style of the selection […]
Market relatively firm, all things considered, in a small offering. COMMENT Some small movements related to variable quality and limited supply. FLEECE 16.5 micron a little harder to buy. Good competition in small supply. 17.0 / 19.5 micron firm unchanged 20.0 / 21.5 micron good lots remain keenly sort after. Others a little irregular generally […]
Good wool generally well supported at current levels. COMMENT Better yielding wool suitable for our usual range were in limited supply and generally unchanged. FLEECE 15.5 / 16.0 micron tending a little dearer for the few lots on offer. 16.5 / 18.5 micron unchanged 19.0 / 20.5 micron 1% easier 21.0 / 21.5 micron unchanged […]
Comment With only 18,000 bales offered nationally, the market was relatively stable. Only 14,000 bales were eventually sold. The biggest issue was the strengthening value of the Australian dollar against the US currency since the previous auction. The AWEX EMI was 3.9% dearer in USD value yesterday. Low yielding dusty wool types continue to dominate […]
The Australian dollar is 4.5% stronger against the USD since the last sale day. Market generally firm. COMMENT A very small and varied selection with only selected good types available and a high percentage of low yielding, dusty wool on offer. FLEECE 18.5 / 19.5 micron up to 1% dearer 20.5 / 21.5 micron generally […]
Comment 25,000 bales were eventually sold to the trade this week. This is a better indication of the volume that can realistically be consumed by the market each week with prices more stable at this level. We must avoid wildly fluctuating volumes for sale during this period. The offering of 29,000 bales was 33% less […]
Market dearer with a small section of the Sydney catalogue successfully sold by video conference. COMMENT A larger percentage of the catalogue (about 25%) was withdrawn prior to sale with sellers coming to the realisation that there is little benefit to offer wool in this market which is not genuinely for sale at this level. […]