FREMANTLE MARKET REPORT

COMMENT

Fleece 10-25 cents dearer, skirtings 20 cents dearer and open tops 10-20 cents dearer.

FLEECE

Brokers withdrew a large number of lots prior to sale, combined with strong demand for better spec lots saw fleece prices push 10-25 cents dearer today. 19.5 micron was the most affected.
Fleece had a passed-in rate of 19.7%.

SKIRTINGS

Skirtings were around 20 cents dearer.

OPEN TOP

Open tops were generally firm to 25 cents dearer.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Market 1 to 2% easier

COMMENT

High passed in rate.

FLEECE

18.5 micron and finer 1 to 2% easier

19.5 to 21.5 micron 1% easier

SKIRTINGS

1% easier

OPEN TOP

Nominally 2% easier.

 

FUHRMANN NZ MARKET REPORT

Summary

Market generally softens.

Comment

South Island only today offering 6,400 bales this week.  The selection consisted of 45% good/average colour ewe fleece, 34.0 to 38.0 micron, 15% good colour second shear, 35.0 to 38.0 micron, 25% lambs fleece, 29.0 to 31.0 micron, 15% associated fleece, shear lamb oddments.  Most types softened slightly with the strongest competition from South East Asia and the Australasian carpet mills.

Fleece Wools

Good colour ewe fleece buyers favour.

Average colour ewe fleece fully firm.

Second Shears

Good colour buyers favour.

Lambs

All microns generally 5% cheaper.

Oddments

All descriptions buyers favour.

Passings

25% Passed In.

Next Auction

North Island offering 10,400 bales on 26th March.

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper except broader merino types in keener demand from Chinese interests.

COMMENT

Uncertainty continues on global markets. High passed in rate was the notable factor again today.

FLEECE

Generally 2 to 3% easier except for 20.5 / 21.5 micron generally unchanged.

Low yield lots remain out of favour and while much cheaper, were predominantly passed in below grower reserves. Yields will improve soon and discounts will eventually reduce.

SKIRTINGS

2 to 3% easier.

OPEN TOP

Nominally 2% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

 

COMMENT

Market dropped 1-2% early and maintained throughout.

FLEECE

Best lots generally firm across all microns in limited supply.

17.5 micron generally 1-2% easier.

18.5 / 21.5 micron par to 1% easier.

SKIRTINGS

Best 19 micron and finer unchanged

B/C Fault 1% easier.

OPEN TOP

Nominally 1% easier in limited.

 

AUSTRALIAN WEEKLY MARKET REPORT

Comment

The very complicated and confused global situation is affecting all markets and the wool market is not immune. Fortunately, the situation in China seems to be improving for the time being and the major buyers this week were presumably acting with Chinese interests. 25% of the national offering was passed in. The market was better in Melbourne yesterday and while Sydney prices were lower, it must be clarified that it’s almost impossible to compare the offering of this week with the wool that was sold last week in Sydney. Low yielding wool, in plentiful supply, are the lots gaining the least competition.

AWEX Eastern Indicator compared with 06/03/2020

Eastern Indicator

Close: 1521

Change in % -2.62

If you want to learn more about AWEX indicators, visit the official website http://www.awex.com.au

Authentico Index Values

15 Micron

Close: 2580

Change in %: -3.19

16 Micron

Close: 2369

Change in %: -2.47

17 Micron

Close: 2158

Change in %: -3.62

18 Micron

Close: 2006

Change in %: -4.52

19 Micron

Close: 1920

Change in %: -3.27

Authentico Indicator

Close: 2173

Change in %: -3.55

Forecast

Our thoughts are with our entire network of woollen organisations, their families, friends and colleagues around the world as we face an unprecedented challenge to maintain our health and well-being.

Auction offering – current week

Selling Centres for week 37

Market          Sale          Offered             Sold       Passed In

North                      S 37                     8864                        7057                 20.4%

South                     M 37                    23204                      17345                25.2%

West                       F 37                      11511                        8064                 29.9%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 38                    W/T                              9131

South                     M 38                 T/W/T                          29345

West                       F 38                     W/T                             11777

 

If you want to see the complete Wool Sales Roster click here.

FREMANTLE MARKET REPORT

COMMENT

Fleece 10-30 cents cheaper, skirtings 20 cents cheaper and open tops 25 cents cheaper.

FLEECE

The fleece market opened on a strong note, but as the sale progressed prices eased and by the close were up to 30 cents cheaper. 18.5u and finer held up reasonably well, while 19.0u and broader fell heavily in the second half of the sale.
Fleece had a passed-in rate of 27.7%.

SKIRTINGS

Skirtings were generally 20 cents cheaper.

OPEN TOP

Open tops were generally 25 cents cheaper.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Improved market tone today. Grower reluctance to sell continues to dominate and influence the market.

COMMENT

Better tone towards the close. The lots with lower yields attracted the least interest.

FLEECE

Best lots generally firm across all microns in limited supply.

All 16.5 micron and finer up to 1% dearer

17.5 micron generally unchanged

18.5 / 21.5 micron par to 1% easier.

SKIRTINGS

Best 17.5 micron and finer unchanged

18.0 / 19.5 micron 1% dearer

OPEN TOP

Nominally unchanged

 

FREMANTLE MARKET REPORT

COMMENT

Fleece 20-40 cents cheaper, skirtings 40 cents cheaper and open tops 25 cents cheaper.

FLEECE

The high volume of low yielding fleece struggled today with prices around 40-50 cents cheaper, while better test fleece was around 20 cents cheaper. The high passed-in rate helped maintain price through to the end of the sale.
Fleece had a passed-in rate of 39.8%.

SKIRTINGS

Skirtings were generally 40 cents cheaper.

OPEN TOP

Open tops were generally 25 cents cheaper.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper but difficult to compare best fine with last week’s superior selection.

COMMENT

Large passed in rate in a cheaper market. Best lots least affected.

FLEECE

Few best style and strength fine fleece nominally 3% easier in a very limited selection, but difficult to compare.

Good to average 17.5 micron and finer  up to 4% easier

18.5 micron 3% easier

19.5 / 21.5 micron 2% easier

SKIRTINGS

Best fine 2% easier

Good types 17.0 and finer 3 to 4% easier

17.5 / 19.5 micron 2% easier

OPEN TOP

Nominally 2 to 3% easier