Entries by Tim Marwedel

EASTERN AUSTRALIAN MARKET REPORT

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 […]

AUSTRALIAN WEEKLY MARKET REPORT

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 […]

EASTERN AUSTRALIAN MARKET REPORT

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 […]

EASTERN AUSTRALIAN MARKET REPORT

Market uncertainty continues. COMMENT A large variation in price relative to the specification on offer. Yield, length and strength all major contributors to the sale result of individual lots. FLEECE It’s difficult to quote good weaving types due to a small selection. Best lots nominally 1% easier from 17.0 / 21.5 micron. All others 18.5 […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The lifting of the ban on exports from South Africa to China this week was a very good result for all concerned. It was a difficult period for the industry, particularly for those directly involved, but also the broader wool community. Whenever the normal flow of wool is compromised by external forces, uncertainty is […]

EASTERN AUSTRALIAN MARKET REPORT

Better market tone. COMMENT Focus on better specification with yield a key driver. FLEECE 17.0 / 18.5 micron good specification very firm. 19.0 / 21.5 micron good specification 0.5% easier. All tender wool and low yielding types 2% easier. SKIRTINGS All 2% easier OPEN TOP Nominally 1 to 2% easier.

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper. AUD also continuing with an easing trend against the USD. COMMENT The decision of Chinese authorities to lift the ban on South African wool imports was likely to have contributed to today’s market uncertainty in Australia. FLEECE Better lots 1% easier. Good to average specification 1 to 2% easier. Inferior yield and shorter […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment A softening market trend this week in a another very disappointing offering. The impact of the drought on quality and quantity so far this season has been immense. Only 33,000 bales were offered and, on both days, the average market eased a little. The few better lines are attracting competition from a wider range […]

EASTERN AUSTRALIAN MARKET REPORT

Market eases again. COMMENT Once again the better style wools remain firm, the poorer style wools continued easing in what was a generally poor selection. FLEECE The best style and spec fleece were still very well supported. The good/average style wools were par to 1% easier. SKIRTINGS Best style skirts remained firm. B and C […]

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