EASTERN AUSTRALIAN MARKET REPORT

Market very firm. An exceptional result under the current circumstances.

COMMENT

Despite the general concern from a cautious Chinese market and our reliance on it, all types and descriptions were keenly sought today.

FLEECE

All 15.5 / 16.0 micron very firm

Best 16.5 / 19.0 micron 1% dearer

Good to average types 16.5 / 19.5 micron very firm and dominant in the overall selection.

20.0 / 21.0 micron sellers favour in small supply.

 

SKIRTINGS

Better skirtings all 1% dearer with 18.0 micron and finer most affected.

OPEN TOP

All open top nominally 1% dearer.

 

FUHRMANN NZ MARKET REPORT

Summary

Market mixed.

Comment

North Island only selling today with a national holiday in New Zealand tomorrow, offering 5,000 bales.  The selection consisted of 22% ewe fleece, 34.0 to 38.0 micron, 30% early shorn and second shear, 35.0 to 38.0 micron, 30% lambs fleece, 6% clothing oddments, 5% lambs oddments and 7% miscellaneous oddments.  There was keen competition with pressure still on the average style fleece and shears.  Australasian carpet mills, United Kingdom and Europe main with support from South East Asia.

Fleece Wools

Good colour ewe fleece generally firm.

Average/poorer style fleece sellers favour.

Second Shears

Good colour generally firm.

Lambs

Good colour and style 4% cheaper.

Oddments

All descriptions buyers favour.

Passings

18% Passed In.

Next Auction

North Island offering 9,000 bales, South Island offering 9,500 bales 13th February.