Entries by Tim Marwedel

EASTERN AUSTRALIAN MARKET REPORT

The wool market opened cautiously amidst general global economical concerns. The AUD is at a 10 year low against the USD. COMMENT Major Chinese buyers were quiet. FLEECE Best types 17.0 / 18.0 micron par to 1% easier (Italian specification) All others 18.5 micron and finer 2% easier. 19.0 / 21.5 micron 3% easier. SKIRTINGS […]

EASTERN AUSTRALIAN MARKET REPORT

Market closed strongly. COMMENT Some buying pressure across the board as the sale progressed ensured a positive close for the recess. FLEECE 18.0 micron and finer 1% dearer 18.5 micron par to 1% dearer 19.0 / 21.0 micron very firm tending sellers favour. SKIRTINGS Very firm tending 1% dearer for the better light fault types. […]

EASTERN AUSTRALIAN MARKET REPORT

Market dearer. COMMENT Better market confidence remains and the market continued on a more positive note. FLEECE Some variance between qualities but generally – 18.5 micron and finer 0.5% dearer 19.0 micron and broader 1% dearer SKIRTINGS 1% dearer OPEN TOP Nominally par to 1% dearer.

EASTERN AUSTRALIAN MARKET REPORT

Market dearer. COMMENT The first sale of the 2019 season has closed positively. FLEECE Best 17.5/18.0 micron keenly sought after by Italian interests. 1 to 2% dearer. All others 20.0 micron and finer 0.5% dearer. 20.5 / 21.5 micron 1% dearer. SKIRTINGS 1% dearer for the few better, low VM types. OPEN TOP Nominally 1% […]

EASTERN AUSTRALIAN MARKET REPORT

A much improved market tone to open the 2019 wool selling season. COMMENT The larger Sydney selection has attracted much better competition and sale results in Sydney were more affected than Melbourne. FLEECE All types and descriptions up to 1% dearer from 17.5 to 21.5 micron. SKIRTINGS Good types nominally unchanged, faulty types slightly easier. […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales have concluded for the 2018/2019 season on a relatively poor tone, albeit with prices still at reasonably good levels for wool production. The market this season has taught us that nothing is for certain. Chinese demand changed from fine wool to crossbreds very quickly and then the market appetite for wool altogether changed […]

EASTERN AUSTRALIAN MARKET REPORT

Non Mulesed (NM) wool unchanged. All others cheaper. COMMENT More widespread demand from end users for non mulesed (NM) wool as per the National Wool Declaration is protecting those lots from the continuing downward trend. FLEECE NM wool in good supply, unchanged. All others 2% cheaper and very irregular. Poor overall competition. SKIRTINGS Nominally 2% […]

EASTERN AUSTRALIAN MARKET REPORT

Market easier in another poor selection. COMMENT The last sale of the season has drawn out some poor quality wool types. FLEECE 18.5 micron and finer generally 1 to 2% easier with the finest and most inferior types most affected. 19.0 / 20.5 micron 1% easier. 21.0 / 22.0 micron par to 1% easier in […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment When we have exceptionally small national quantities, the market is often neglected and this was the case this week. Not only were the volumes small (19,000 bales offered), the selection was again very poor. A large percentage of very low yielding, drought affected types. These wools are not only inferior in quality, they are […]

EASTERN AUSTRALIAN MARKET REPORT

Improved market sentiment. COMMENT Slightly dearer trend on average and less than 10% were passed in. Non Mulesed (NM) wool less affected by this week’s easing trend. FLEECE Better lots with good yields very firm. Keenest demand is on 17.0/18.5 micron from Italian interests. These are dearer than equivalent lots 16.0/16.5 micron. Good to average […]

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