EASTERN AUSTRALIAN MARKET REPORT

Good overall market.

COMMENT

Light fault and better types are still keenly sought after.

FLEECE

All best descriptions with light fault 1% dearer

All 17.5/18.5 micron including tender types 1% dearer

All other descriptions generally firm with the light fault lots attracting strong competition.

SKIRTINGS

Good skirtings 18.5 micron and finer 1% dearer

OPEN TOP

All descriptions firm

FREMANTLE MARKET REPORT

COMMENT

Fleece generally 20-40 cents dearer, skirtings 20 cents dearer, and open tops 30-40 cents dearer.

FLEECES.

The fleece market jumped sharply today with best style 18.5u and finer up to 50-60 cents dearer, while 19.0u and broader were generally 20-30 cents dearer.

The passed-in rate for fleece was 9.1%.

SKIRTINGS

Skirtings finished the day 20-30 cents dearer.

OPEN TOP

Open tops followed the fleece market and were 30-40 cents dearer.

 

 

EASTERN AUSTRALIAN MARKET REPORT

The wool market finished the day in positive territory today with all sectors active.

COMMENT

Strong competition in the 18.5 micron and finer today despite large volume and strong A$.

FLEECE

18.5 micron and finer all descriptions 1% dearer.

19.0 micron and broader all descriptions slightly easier.

SKIRTINGS

Good skirtings 18.5 micron and finer very firm.

!9.0 broader par to 1% easier.

OPEN TOP

All descriptions firm

AUSTRALIAN WEEKLY MARKET REPORT

Comment

The wool market closed the week in positive territory with good activity on high quality, low vm fleece and skirting wool which was in keen demand. Good demand from local processors in China again activated the market at the close. We are hearing of quiet optimism starting to emerge out of Europe which is very encouraging. The Authentico indicators bounced around a bit throughout the week,   closing in positive territory 2% above last week with the focus clearly on NM/CM. A small volume of RWS accredited wool was sold with healthy incentives to the Chinese sector. Despite the A$ being 19% higher than this time last year we still see a healthy market due to Chinese participation during the first and second quarters of this year.

 

 

AWEX Eastern Indicator compared with 30/04/2021

Eastern Indicator

Close: 1306

Change in % -0.98

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

Authentico Index Values

15 Micron

Close: 3360

Change in %:  +2.40

16 Micron

Close: 2915

Change in %: +5.0

17 Micron

Close: 2370

Change in %: -0.83

18 Micron

Close: 2030

Change in %: -0.97

19 Micron

Close: 1705

Change in %: -2.0

Authentico Indicator

Close: 2409

Change in %: +0.85

Forecast

The large national offering of 46,000 bales currently rostered for sale next week is likely to put some pressure on the general market. However, those better specification wools with low VM and, in particular, those with the NM status, will still be keenly sought after. The general offering is quite high in VM and this is making it more difficult for buyers to average much of the offering into orders that must average VM 1.0%.

Auction offering – current week

Market          Sale         Offered        Sold       Passed In

North                      S 46                  13600                   12241                10.0%

South                     M 46                 26850                   23520               12.4%

West                       F 46                   9321                      8047                13.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 47                     T-W                         13332

South                     M 47                     T-W                         24872

West                       F 47                      T-W                          7725

 

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

EASTERN AUSTRALIAN MARKET REPORT

Better market tone with improved competition.

COMMENT

Buyers keenly competing on good types, particularly fleece wool 19.5 micron and broader with low VM.

FLEECE

19.0 micron and finer fully firm

19.5 micron and broader 1% dearer with light fault most affected.

SKIRTINGS

Good skirtings very firm

OPEN TOP

All descriptions firm

SCHNEIDER NZ MARKET REPORT

Summary

Market continues to soften.

Comment

North Island only selling today with 5,800 bales on offer.  The selection consisted of 25% crossbred fleece mainly average style, 3/5″ to 4/6″, 20% lambs good to average style, 35% early shorn/second shear, bulk 3″ good style, 15% oddments average/inferior style and 5% miscellaneous types.

A continued softer tone today with the bulk of the offering in favour of the buyer.  The exception again being good colour shears and fleece wool which were fully firm.  Europe and Sub Continent main, with support from Australasian carpet mills and China.

Fleece Wools

Good colour crossbred fleece fully firm.

Average style fleece buyers favour.

Second Shears

Good colour shears fully firm.

Lambs

Lambs 2% cheaper.

Oddments

Crossbred oddments all descriptions firm to buyers favour.

Passings

11% Passed In.

Next Auction

South Island offering 8,900 bales 20 May 2021.

FREMANTLE MARKET REPORT

COMMENT

Fleece firm to 5 cents dearer, skirtings unchanged, and fine open tops 10-15 cents dearer.

FLEECES.

The fleece market was generally firm to 5 cents dearer across all microns today. Again best style, low vm lots were highly sought after and attracting bigger premiums.

The passed-in rate for fleece was 22.5%.

SKIRTINGS

Skirtings finished the day unchanged.

OPEN TOP

18.5u and finer open tops were 15-20 cents dearer while broader microns were unchanged.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Better specification, light fault types firm. Others a little cheaper in a large offering.

COMMENT

Good clearance rate despite the larger volumes being offered. High VM wool due to better than average seasonal conditions under some pressure.

FLEECE

Best FNF 18.5 micron Firm.

Good / Ave style par to 1% easier.

All descriptions 19 broader generally buyers favor.

SKIRTINGS

Better descriptions 18.5 micron and finer unchanged. All others, particularly the more faulty types, were up to 1% easier.

OPEN TOP

all descriptions par to 1% easier.

EASTERN AUSTRALIAN MARKET REPORT

Better specification, light fault types firm. Others a little cheaper in a large offering.

COMMENT

Australian dollar remains strong against the USD. Higher passed in rate overall but the clearance rate for NM declared lots appears better than the average.

FLEECE

All 16.5 micron and finer remain keenly sought after and tending dearer in limited supply.

17.0/21.5 better specification with light fault fully firm, others 0.5% easier.

SKIRTINGS

Better descriptions 18.0 micron and finer unchanged. All others, particularly the more faulty types, were up to 1% easier.

OPEN TOP

Unchanged.

SCHNEIDER NZ MARKET REPORT

Summary

Market easier.

Comment

South Island only selling today with 9,000 bales on offer.  The selection consisted of 35% crossbred fleece mainly average style, 3/5″ to 4/6″, 25% lambs mainly good to average style, 15% early shorn/second shear, bulk 3″ good style, 5% mid micron fleece 23.0 to 28.0 micron, 15% oddments average/inferior style and 5% miscellaneous types.

A more dovish tone today with the bulk of the offering in favour of the buyer.  The exception to this was good colour shears which were very firm.  Europe and Sub Continent main, with support from Australasian carpet mills and China.

Fleece Wools

Good colour crossbred fleece 4% cheaper.

Average style fleece buyers favour.

Second Shears

Good colour shears firm.

Lambs

Finer lambs 5% cheaper.

Oddments

Crossbred oddments all descriptions buyers favour.

Passings

22% Passed In.

Next Auction

North Island offering 5,500 bales 13 May 2021.