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But we are proud to say that Tim Marwedel contributed 667 entries already.
Comment The very complicated and confused global situation is affecting all markets and the wool market is not immune. Fortunately, the situation in China seems to be improving for the time being and the major buyers this week were presumably acting with Chinese interests. 25% of the national offering was passed in. The market was […]
Improved market tone today. Grower reluctance to sell continues to dominate and influence the market. COMMENT Better tone towards the close. The lots with lower yields attracted the least interest. FLEECE Best lots generally firm across all microns in limited supply. All 16.5 micron and finer up to 1% dearer 17.5 micron generally unchanged 18.5 […]
Market cheaper but difficult to compare best fine with last week’s superior selection. COMMENT Large passed in rate in a cheaper market. Best lots least affected. FLEECE Few best style and strength fine fleece nominally 3% easier in a very limited selection, but difficult to compare. Good to average 17.5 micron and finer up to […]
Comment Wool auctions in Australia resumed this week following an unprecedented cancellation of sales in week 35 due to a cyber-attack on the servers of the dominant software provider to the industry. Many, including our company, have been critical of the industry reliance on this single provider which has continuously maintained old software at a […]
Market a little easier in a very large selection. Best least affected. COMMENT A higher passed in rate. Growers continue to reserve the right to hold wool that doesn’t meet their pre-sale expectation. FLEECE All best specification lots were generally firm as buyers continue to chase good quality wool. All good Chinese specification 1% easier […]
Sales resume on a sound note. Most descriptions firm in a large national offering. COMMENT Prices opened firm and remained that way to the close of sale. Some broader merino descriptions were harder to buy. FLEECE Best 18.5 micron and finer fully firm and dominated by Italian interests. Better specification 19.0 / 21.5 micron 1% […]
No Auction today. COMMENT Australian auctions have been cancelled this week following a cyber attack on the software house that hosts the servers of the majority of the industry. There is no access to individual servers nor is any electronic data available. It was impossible to conduct a large commercial auction under these circumstances. At […]
Comment The market continues to defy expectations. All types and descriptions sold well again this week and finished at the highest point with a strong market tone all the way to the close in Fremantle. Apart from a large fine wool selection ex New Zealand offered in Melbourne on Tuesday, the general offering was quite […]
Market tending dearer in a small and generally broad and average selection. COMMENT Another positive market that continues to defy expectations. FLEECE Best lots 18.0 micron and finer 1% dearer in a limited selection. All others tending a little dearer, par to 1%, with the better quality lots most affected. SKIRTINGS Better lots 1% dearer, […]
Market generally firm. COMMENT The market direction differed a little between Sydney and Melbourne but prices are aligning in a variable selection. FLEECE Best lots with good specification remain fully firm 17.5 micron and finer average specification 1% easier. 18.5 / 21.5 micron all unchanged SKIRTINGS Generally firm. OPEN TOP Unchanged in a limited selection. […]