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But we are proud to say that Tim Marwedel contributed 667 entries already.
Comment The market was softer this week with traders reporting sluggish demand in recent weeks. The positive take on the market, as reported by AWEX in their weekly market report, is that the EMI has closed at 1142 for the season. It’s 1.4% higher than the close 12 months ago (1126). The result is similar […]
Comment This week’s sale has highlighted the current market status. There is no particular urgency for anyone to buy wool, yet most sectors are actively buying. Price is the main driver and following a few weeks of slightly improving prices, they have generally settled a little this week. Buyers, traders and topmakers are all buying […]
Comment All types and descriptions were dearer this week. Competition for the fewer bales that were on offer at this time of the season was strong. Better specification Italian types were keenly sought after, especially any lots below 15.0 micron. They are attracting very keen interest for a strong luxury market that is least impacted […]
Comment There was more widespread competition at this week’s auction. The total volume on offer was just 26,000 bales nationally and this included some older bales coming out from the grower held stocks. Selected best style and specification lines, suitable for the Italian market, were keenly sought after. They were around 2% dearer. We’re also […]
Comment There was bidding pressure from a wider range of buyers this week and in a small national offering. In the end, just 31,000 bales were on offer and with the improved market, growers were again more inclined to sell. Competition was driven by the Chinese market, supported by the Indian sector with those representing […]
COMMENT An improved market tone continued today. The market seems to be more positive. All types and descriptions tending a little dearer in a small national offering. FLEECE All fleece generally 0.5% dearer with competition from China dominating. Italian interests were keen on the small selection of good fine types. SKIRTINGS Fully firm, tending slightly […]
Comment Despite a stronger Australian dollar during this period of unsettled currency exchange rates, the Australian wool market has again showed strong resilience even while customer demand is limited. Competition is dominated by the larger Chinese topmakers, buying directly on a commission buying basis. It seems that the market is unlikely to fall much while […]
Comment The market showed stronger signs this week with more active buyer competition across a broad range of types. Most competition was on the average Chinese types with 1% vegetable matter. As we move further into May and June, the availability of low VM fleece will become less. This will help to maintain pressure on […]
COMMENT Market a little better today. All good descriptions generally 0.5/1.0% dearer. FLEECE All good fleece 17.5 / 20.5 micron 0.5 to 1.0% dearer. SKIRTINGS 16.5 micron 1% easier 17.5 micron firm 18.5 micron 1% easier 19.5 micron 1% dearer OPEN TOP Generally par to 1% easier.
Comment The market has opened after the Easter recess on a firm note. There was not a lot of optimism leading into the sale. However, as has been the recent trend, the market continues to outperform the general expectation. Some markets are willing the price lower, but it’s not trending that way. On the back […]