This author has not written his bio yet.
But we are proud to say that Tim Marwedel contributed 691 entries already.
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% […]
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 […]
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 […]
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 […]
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 […]