EASTERN AUSTRALIAN MARKET REPORT

Market squeeze continues. All descriptions strongly upward again.

COMMENT

Some buying at best to secure quantity against prior commitments. Chinese interests dominating.

FLEECE

All dearer, tender wool most affected.

15.5 to 18.5 micron 4 to 5% dearer.

19.5 to 21.5 micron 3 to 4% dearer.

SKIRTINGS

Burry and inferior lots most affected.

16.5 micron 3% dearer.

17.0/19.0 micron 5% dearer and keenly sought after.

19.5/20.5 micron 3% dearer

OPEN TOP

3 to 4% dearer