EASTERN AUSTRALIAN MARKET REPORT

Market dearer. All descriptions.

COMMENT

Grower resistance to sell has aided a market turnaround. Prices opened around 1% dearer but all descriptions were still trending upward toward the close to finish up to 3% dearer. Chinese more active.

FLEECE

Best 18.0 micron and finer 3 to 4% dearer in a better selection.

All others  21.5 micron and finer 2 to 3% dearer at the close.

SKIRTINGS

Good types 17.5 micron and finer 1% dearer. 18.0 / 19.0 micron 2 to 3% dearer.

Average and burry skirtings 3% dearer.

 

OPEN TOP

Nominally 2% dearer.

FUHRMANN NZ MARKET REPORT

Summary

Market mixed.

Comment

North Island only selling today with 6,125 bales on offer.  The selection consisted of 18% good style/average style crossbred fleece 35.0 to 40.0 micron, 12% good style crossbred hogget fleece 33.0 to 36.0 micron, 45% good style second shear 31.0 to 38.0 micron, bulk 75mm, 20% associated oddments, 5% miscellaneous types.  Widespread competition with most sectors operating.

Fleece Wools

Good Style buyers favour.

Average style 4% dearer.

Crossbred hoggets buyers favour.

Second Shears

Good style buyers favour.

Average style 4% dearer.

Oddments

Tending sellers favour.

Passings

24% Passed In.

Next Auction

South Island only selling with 10,300 bales on offer 12th September.

Fleece Wools Summary

Good Style
Variation %: Buyers favour

Average Style
Variation %: 4

Crossbred Hoggets
Variation %: Buyers favour

Second Shears Summary

Good Style
Variation %: Buyers favour

Average Style
Variation %: 4

Oddments

All Descriptions
Variation %: Sellers favour

 

EASTERN AUSTRALIAN MARKET REPORT

Market still easier but significantly less dramatic today with limited quantities offered for sale.

COMMENT

7,300 bales were sold today between Sydney and Melbourne. There were fewer bales passed in with those going to sale more likely to accept these levels. However, 25/30% of the original offering was withdrawn prior to sale.

FLEECE

Best 18.0 micron and finer fully firm.

All others 1% easier in general. Some a little more, others less. Prices remain irregular.

 

SKIRTINGS

Better lots 16.0/17.5 micron generally very firm. 18.0 / 19.0 micron up to 2% easier.

OPEN TOP

Nominally firm.