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But we are proud to say that Tim Marwedel contributed 691 entries already.
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 COMMENT A larger percentage of the catalogue (about 25%) was withdrawn prior to sale with sellers coming to the realisation that there is little benefit to offer wool in this market which is not genuinely for sale at this level. […]
Market much more stable. COMMENT Market settles around last weeks basis. FLEECE Fully firm and tending a little dearer for 19.5 / 21.5 micron. SKIRTINGS Best fine skirtings 1% dearer, others firm. OPEN TOP Finer types 1% dearer, others firm.
Comment Wool auction sales continued this week with 37,000 bales offered and 20,000 eventually sold. The passed in rate increased as the sale progressed. Our company view is that sales should not be proceeding under these extraordinary circumstances. We have almost the entire global retail sector closed down. The impact this is having down the […]
The majority of the wool offered was passed in as prices fell further. COMMENT All descriptions cheaper as further market indecision prevails. FLEECE Nil good or best fine wool available today. All other fleece types 3 to 4% easier but with less than 50% sold, it was difficult to provide accurate or meaningful market quotes. […]
Market cheaper. Demand was thin as buyers looked for ‘good value’. COMMENT The very poor offering didn’t help, possibly the worst on record for a Sydney sale. Passed in rate remains high. FLEECE Practically nil good fine wool available. All average quality types and descriptions were up to 5% easier with finest lots least affected. […]
Comment It was a much more stable week for wool prices following the uncertainty of the last sale. There was a little movement of price between centres as prices aligned. The encouraging point was more widespread activity from those buyers representing Chinese interests. This lifted the general market overall, including the more average types. It […]
Market par to 1% dearer. COMMENT Good solid competition. FLEECE All descriptions par to 1% dearer (10-15c) SKIRTINGS Very firm OPEN TOP Unchanged