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But we are proud to say that Tim Marwedel contributed 667 entries already.
Market easier. Yield having a strong influence in a poor quality offering. COMMENT Around 18% passed in. FLEECE Better lots with good yields 1 to 2% easier Good specification 2% easier Yield related inferior types, tender, dusty fleece 2 to 3% easier. SKIRTINGS Up to 2% easier and irregular OPEN TOP Nominally 2% easier
Comment Demand slowed again this week as the small offering as well as the still drought affected wools are having an impact. With a large percentage of the offering having poor spec and very low yield, exporters are finding these types harder to place orders. These poorest style wools saw the largest loss over the […]
Comment Currency markets are fluctuating a little and this is impacting on market confidence. The AWEX EMI was down just 7 USC (0.5%) for the week but 1.2% lower in local currency. The smaller volume offering, just 21,000 bales nationally, wouldn’t have helped. And furthermore, 15% of those were passed in, resulting in just 18,000 […]
Market easier. COMMENT All types and descriptions were about 1% easier. 20% of the wool offered for sale was passed in. FLEECE Better lots with good yields par / 1% easier Good specification 1% easier Inferior types 1 tot 2% easier SKIRTINGS The few better lots were still keenly sought after. Others 1% easier. OPEN […]
Not a lot of change for better length and performing types but a little easier overall. COMMENT Buyers concentrated on the better length and performing types today with less interest in the tender wools. FLEECE Better lots generally firm. Chinese specification fleece 18.5 micron and finer not much change. 19.0 / 21.0 micron 1% easier […]
Comment What a clear difference the one week can make. Buyer confidence returned and it didn’t take much to push the AWEX EMI nearly 3% dearer. Less than 30,000 bales were offered. Passed in rates were much lower as growers are more comfortable selling into a strong market. There was positive news regarding the sale […]
More positive tone continues. COMMENT Market up to 1% dearer. FLEECE All par to 1% dearer with the better specification and the most inferior lots most affected. SKIRTINGS 1% dearer for all descriptions OPEN TOP Nominally very firm.
Following from the better tone last Thursday, all types and descriptions were dearer. COMMENT The upbeat ‘trade talk’ prior to the sale eventuated with more positive comment flowing from recent Chinese activity. FLEECE Few very best lots 19.0 micron and finer par to 1% dearer Good to average specification 16.5 / 20.5 micron all 1 […]
Comment Buyers are not confident to accumulate as downstream demand remains slow. Just 17,000 bales were sold to the trade but to place it into perspective, the weekly turnover was still M$32.7. Not bad considering the general gloomy outlook. We did notice much greater confidence return to the market yesterday. Bidding activity was stronger from […]
A much better market tone. COMMENT Inferior types were more keenly sought after and closed a little dearer. FLEECE Very best lots were tending harder to buy in a small offering. Good to average lots from 17.5 / 21.5 micron fully firm. Inferior lots, tender, low yielding fleece were par to 1% dearer. SKIRTINGS […]