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But we are proud to say that Tim Marwedel contributed 691 entries already.
Fine wool firm. Broader merino types easier. COMMENT A clear market distinction for non mulesed wool with medium merino types (18.5/20.5) NM up to 5/10% above the general market level depending on quality. FLEECE Best 18.5 micron and finer tending slightly dearer with good competition on best specification at the new basis. Good specification 16.0 […]
Another major market correction. A general lack of buyer confidence with little interest coming from overseas clients during these uncertain times. COMMENT One third of the offering passed in. All prices down, some better types least affected, especially non mulesed. No doubt at some point in time there will be an over reaction and prices […]
Comment The global financial and trade situation is causing enormous uncertainty across all markets and wool has not been immune from this global economic story. Our reliance on China is well known. Chinese trade activity has certainly been affected and the major wool buyers were notably absent this week. There did seem to be a […]
Lack of general competition results in a high passed in rate. COMMENT More than 1/3rd of the fleece wool was passed in between the two centres but as much as 46% of the fleece in Melbourne failed to meet grower expectations. These were generally the lower yielding, drought affected types. FLEECE 16.0 micron was a […]
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 […]
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. […]
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.
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% […]
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. […]
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 […]