EASTERN AUSTRALIAN MARKET REPORT

NM, Authentico & RWS wool keenly sought today in limited offering.

COMMENT

The market finished the week on a positive tone with Melbourne the only market selling today.

Best style fine wool continues to be the main focus from all sectors.

FLEECE

16.5 micron and finer 1-2% easier today in a less stylish offering.

17.5 micron 2% dearer in keen competition for NM / RWS

18/21 micron par to 1% dearer.

 

SKIRTINGS

Best style PCS/BLS keenly sought up to 2% dearer.

All others generally unchanged.

OPEN TOP

1% easier.

NEW ZEALAND MARKET REPORT

Summary

Market dearer.

Comment

South Island only offering 6,900 bales.  The selection consisted of 70% good/average colour crossbred fleece, 10% lambs good colour new season clip, 5% crossbred shears, good/average colour bulk 75mm, 13% crossbred oddments and 2% miscellaneous types.  A much more animated tone in the auction today with some spirited bidding on the more favourable better colour types pushing prices up across all types finishing on a strong note.  All sectors operating today.

Fleece

All descriptions 5% dearer.

Shears

Crossbred second shear 6% dearer.

Lambs

New season lambs 6% dearer.

Oddments

Crossbred oddments including lamb oddments 4% dearer.

Passings

8% Passed In.

Next Auction

South Island offering 4,900 bales and North Island offering 10,500 bales on 18th February.

FREMANTLE MARKET REPORT

COMMENT

Fleece firm to slightly dearer, and skirtings 10-20c dearer, and open tops 10-20 cents cheaper.

FLEECE

The fleece market was very similar to yesterday with prices generally firm to 10 cents dearer. Better tested wools were the most affected with some lots 15-20 cents dearer.

The passed-in rate for fleece was 9.3%.

SKIRTINGS

Skirtings finished the day around 10-20 cents dearer.

OPEN TOP

Open tops were generally 20-40 cents cheaper today.

 

 

EASTERN AUSTRALIAN MARKET REPORT

The sale was dominated by the feature Tasmanian offering.

COMMENT

All best fine wool keenly sought after.

FLEECE

Best non mulesed and RWS certified Tasmanian grown wool keenly sought after and up to 1% dearer

All other descriptions very firm

SKIRTINGS

Similar trend to the fleece wool. The best Tasmanian skirtings were 1% dearer. All other good skirtings were generally unchanged.

Burry types 1 to 2% easier

OPEN TOP

1% easier.

FREMANTLE MARKET REPORT

COMMENT

Fleece firm to slightly dearer, and skirtings 20-30c cheaper, and open tops 30-40 cents cheaper.

FLEECE

Fleece prices were generally firm today, with better spec wools 19.5u and finer 5-10 cents dearer. There was good, even competition from most exporters today, although the market eased back marginally in the last 15 minutes.

The passed-in rate for fleece was 7.7%.

SKIRTINGS

Skirtings finished the day around 20-30 cents cheaper with finer microns the most affected.

OPEN TOP

Open tops were generally 20-40 cents cheaper today.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Fine wool market very firm, broader slightly off.

COMMENT

19.5 micron and finer closed around similar levels

FLEECE

17.5 micron and finer fully firm

18.0/19.5 generally unchanged to slightly easier with some irregularity

20.0 / 22.0 micron 1 to 2% easier

SKIRTINGS

All good skirtings 18.5 micron and finer generally unchanged. Long staple length and higher VM 1% easier

OPEN TOP

Up to 1% easier.

NEW ZEALAND MARKET REPORT

Summary

Market continues to be firm.

Comment

North Island only offering 7,400 bales.  The selection consisted of 30% average colour crossbred fleece, 25% lambs good colour new season clip, 28% crossbred shears, good/average colour bulk 75mm, 15% oddments and 2% miscellaneous types.  Good competition with a generally positive sentiment and most sectors operating.

Fleece

Good colour fleeces sellers favour.

Poorer style fleece firm.

Shears

Crossbred second shear firm.

Lambs

New season lambs very firm.

Oddments

All descriptions firm.

Passings

7% Passed In.

Next Auction

South Island only offering 6,700 bales on 11th February.

AUSTRALIAN WEEKLY MARKET REPORT

Comment

The Australian wool market settled this week with best style/strength wool in keen demand, whilst lower style/strength was irregular. Fine wool is still a main focus from all sectors, particularly 16 micron and finer is where we see the most positive gains. Knitting types remain strong and well supported for first half 2021 delivery. Chinese indent buying remains strong, with interest coming from Europe and India is encouraging. The current A$ level seems to be a comfortable for trading at present as we hope for some stability in the coming weeks. Good offerings of fine wool to come in WK33 and WK34 which may showcase some of the best wool for the season.

AWEX Eastern Indicator compared with 29/01/2021

Eastern Indicator

Close: 1285

Change in % -0.46%

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

Authentico Index Values

15 Micron

Close: 3410

Change in %:  +0.65

16 Micron

Close: 2670

Change in %: +0.56

17 Micron

Close: 2255

Change in %: +0.00

18 Micron

Close: 1915

Change in %: -1.33

19 Micron

Close: 1650

Change in %: -2.19

Authentico Indicator

Close: 2291

Change in %: -0.26

Forecast

The negative impact from last week close in Fremantle was absorbed this week with good activity across all sectors of the market. The larger offerings seem to meet market demand with a passion for fine wool less than 16 micron and an oversold short wool market of scouring, carbonizing and knitting types. Wk33 & Wk34 see a continued offering of very stylish fine wool types which the market seems to have a genuine desire for. These weeks could provide the last opportunity for brand partners to satisfy any quantity of the highest quality the market has to offer.

Auction offering – current week

Market          Sale          Offered             Sold       Passed In

North                      S 32                      12916                        11742              9.1%

South                     M 32                     22607                       20511              9.3%

West                       F 32                       9603                         8671               9.7%

Auction offering – next week

Market          Sale          Sale days          Volume

North                      S 33                      T – W                          13557

South                     M 33                      T – W – T                    30595

West                       F 33                       T- W                            8730

 

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

FREMANTLE MARKET REPORT

COMMENT

Fleece 5-10 cents dearer, skirtings firm, and open tops 30-40 cents dearer.

FLEECE

The fleece market was generally firm to slightly dearer today. 18.5u and finer were the most affected finishing 10-15 cents dearer. 20.0u and broader struggled a little towards the end and finished slightly lower.

The passed-in rate for fleece was 3.7%.

SKIRTINGS

Skirtings finished the day generally unchanged.

OPEN TOP

There was strong demand for open tops with prices 30-40 cents higher.

 

 

EASTERN AUSTRALIAN MARKET REPORT

Market around about the same level.

COMMENT

There was more interest in the medium micron merinos with finer types fully firm.

FLEECE

17.5 micron and finer best lots 1% dearer, others fully firm.

18.5 / 20.5 micron par to 1% dearer

SKIRTINGS

Best lots generally unchanged, average lots 1% easier

OPEN TOP

Keenly sought – 1 to 2% dearer.