FREMANTLE MARKET REPORT

COMMENT

Fine fleece firm to 10-15 cents dearer, broader fleece 5-20 cents cheaper, skirtings 10 cents dearer and fine open tops 20-30 cents dearer.

FLEECE

Strong demand for 17.5u and finer fleece saw prices around 10-15 cents dearer, while 18.5u-19.5u were 5 cents cheaper and 20.0u and broader 15-20 cents cheaper.

The passed-in rate for fleece was 19.8%.

SKIRTINGS

Skirtings finished the day around 10 cents dearer.

OPEN TOP

18.5u and finer open tops were 20-30 cents dearer, while 19.5u and broader were 10-15 cents cheaper.

 

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

Market generally firm with some variability

FLEECE

16.5 micron and finer 2 to 3% dearer in very limited supply

17.0 / 20.0 micron unchanged

20.5 / 22.0 micron up to 1% easier

SKIRTINGS

Better light fault skirtings very firm. Faulty and inferior types up to 1% easier

OPEN TOP

17.5 micron and finer 1% dearer, 18.5/19.5 micron 1% easier.

 

AUSTRALIAN WEEKLY MARKET REPORT

Comment

Sales have opened in 2021 on a very positive note. Despite the large national offering and a stronger Australian Dollar against the USD, all types and descriptions were in demand. There was strong interest on the finer microns but it should also be noted that they are in smaller supply than what we would expect. The month of January is often a positive month for the auctions and regardless of the overall global situation, it was very encouraging to see that wool is in demand. The market was well maintained to the close in Fremantle.

AWEX Eastern Indicator compared with 18/12/2020

Eastern Indicator

Close: 1172

Change in % +1.30%

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

Authentico Index Values

15 Micron

Close: 2898

Change in %:  +2.11

16 Micron

Close: 2384

Change in %: +3.74

17 Micron

Close: 2025

Change in %: +0.5

18 Micron

Close: 1744

Change in %: +1.1

19 Micron

Close: 1544

Change in %: +1.58

Authentico Indicator

Close: 2052

Change in %: +1.74

Forecast

We have another large volume national sale next week before volumes are expected to settle a little. There is still some wool held in brokers stores nationally. No doubt that if this current market trend continues, we will see some of this wool come onto the market slowly. It’s not all for sale at these levels and we expect some growers to continue to hold wool as they have done historically. While we might see further easing in the broader merinos and crossbred types, like this week, the fine and superfine merino types are likely to again be well supported in limited supply.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 29                     13168                       11761                 10.7%

South                     M 29                     28573                     25286                11.5%

West                       F 29                      10549                       9531                  9.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 30                     T – W                           12,927

South                     M 30                   T – W – T                      27,027

West                       F 30                      T – W                            9,286

 

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

FREMANTLE MARKET REPORT

COMMENT

Fine fleece 30-50 cents dearer, broader fleece 5-10 cents dearer, skirtings 20-30 cents dearer and open tops 20-30 cents dearer.

FLEECE

Fleece prices followed a similar pattern to yesterday with good demand for 18.0u and finer pushing prices up 30-40 cents, while 19.5u and broader were firm to 10 cents dearer.

The passed-in rate for fleece was 13.7%.

SKIRTINGS

Skirtings finished the day around 20-40 cents dearer.

OPEN TOP

18.5u and finer open tops were 25-30 cents dearer, while 19.5u and broader were firm.

 

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

The market continued in a positive fashion today with the emphasis on the finer microns with best style and strength.

FLEECE

19.0 micron and finer, all descriptions 1-2% dearer.

20 micron and broader were irregular.

SKIRTINGS

16.5/18.5 micron 1/2% dearer, best style most affected.

OPEN TOP

17.5 / 20.5 micron 1/2% dearer

 

NEW ZEALAND MARKET REPORT

Summary

Market generally firm.

Comment

North Island offering 7,950 bales and South Island offering 8,175 bales.  The selection consisted of 50% good/average colour crossbred and hogget fleece, 20% lambs good colour new season clip, 15% crossbred shears, good colour bulk 75mm and 15% oddments.  Some more spirited competition from the local and Australasian mills today resulted in pressure on China and the Subcontinent to take a more supportive role.

Fleece

Crossbred fleece all descriptions fully firm.

Shears

Crossbred shears all descriptions fully firm.

Lambs

New season lambs buyers favour.

Oddments

All descriptions generally firm.

Passings

9% Passed In.

Next Auction

North Island only offering 7,500 bales on 21st January.

FREMANTLE MARKET REPORT

COMMENT

Fine fleece 50 cents dearer, broader fleece 5-10 cents dearer, skirtings 10-15 cents dearer and open tops 20-30 cents dearer.

FLEECE

Most interest was for 17.5u and finer fleece today which saw prices jump 50-80 cents today. 18.5u and broader were generally 5-10 cents dearer. PJ Morris, Techwool and Lempriere were the main buyers.

The passed-in rate for fleece was 7.5%.

SKIRTINGS

Skirtings finished the day around 15 cents dearer.

OPEN TOP

17.5u and finer open tops were 30-40 cents dearer, while 18.5u and broader were firm to 10 cents dearer.

 

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

The market continued in a positive fashion today with the emphasis on the finer microns with best style and strength.

FLEECE

16.0 micron and finer, best 1% dearer, good fully firm.

17.5 / 19.0 micron fully firm

19.5/22.0 1% easier.

SKIRTINGS

16.5/18.5 micron 1/2% dearer, best style most affected.

OPEN TOP

17.5 / 20.5 micron 1/2% dearer

 

EASTERN AUSTRALIAN MARKET REPORT

The market opened for 2021 on a sound note. A focus on fine and superfine wool that remains in limited supply.

COMMENT

Despite the large volume this week, the market has opened on a very firm basis, strengthening a little as the sale progressed.

FLEECE

18.0 micron and finer best 2% dearer, good fully firm

18.5 / 21.0 micron fully firm

21.5/22.0 micron unchanged

SKIRTINGS

17.5 micron and finer 2% dearer

18.0/20.0 par to 1% dearer for better lots, others firm

OPEN TOP

17.5 micron and finer firm

18.5 / 20.5 micron 1% dearer

 

SCHNEIDER NZ MARKET REPORT

Summary

Market cheaper.

Comment

North Island only selling today with 8,100 bales on offer.  The selection consisted of 40% good/average colour fleece, 35% crossbred mainly good colour second shear, bulk 75mm, 12% lambs, 10% oddments and 3% miscellaneous types.

Continued subdued competition with China and the Sub Continent main.  Support from Australasian carpet mills and Europe.

Fleece Wools

Crossbred fleece all descriptions 2% cheaper.

Second Shears

Crossbred shears generally 5% cheaper.

Oddments

Crossbred oddments all descriptions 4% cheaper.

Lambs

First lambs 10% cheaper.

Passings

7% Passed In.

Next Auction

North Island offering 7,950 bales and South Island offering 8,200 bales 14 January 2021.