Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment All types and descriptions were keenly sought after this week, but it was the better specification, higher yielding types that are attracting the most interest. The market trended upwards each day, with the bulk of the offering most suitable for the Chinese market. The carding market and skirtings are also selling well, and this […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The more positive market sentiment has continued with increases around 1 to 2% across all types for the week. This was a more mature market reaction and one that is more likely to be maintained. What was most evident in the auction room, was the more confident approach to buying from a wider range […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market dearer to close out the week.  FLEECE Best style and specification 2% dearer for 15.5/18.5 micron  All other descriptions a full 1% dearer and trending dearer as the sale progressed.  SKIRTINGS All descriptions 1% dearer in strong competition. OPEN TOP All descriptions very firm. 

AUSTRALIAN WEEKLY MARKET REPORT

Comment Prices have consolidated slightly below the levels achieved after last week’s very positive sentiment. Most expected a weaker market, but it performed better than most expectations. Traders are still concerned about limited demand at these levels but the volatility will create more opportunities. The best fine wool is no doubt attracting strong interest from […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market a little cheaper overall, however best and finest wool remains very keenly sought after.  FLEECE Best style and specification very firm. Selected lots 1 to 2% dearer. Others 16.5 and 17.5 micron 1 to 2% easier 18.5 to 20.0 micron 1% easier 21.0 micron buyers favour in limited supply. SKIRTINGS FNF skirtings up […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The wild and fluctuating trend of the market has continued this week with significant market increases across all merino fleece types. The small supply has no doubt influenced some who need shipment prior to the Christmas recess. It was hard to follow and prices settled around similar levels on the second day of the […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Strong gains across all types and descriptions this week were another indication of the impact that we can expect from a shortage of supply. It takes very little to create the urgency and this appears to be driven by the need to have wool moved prior to the Christmas recess. Will it last beyond […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment It was an extraordinary week for the wool market with unprecedented increases in price across the broad spectrum of types. It’s difficult to explain the reasoning for such a market reaction. We noted the finest microns were those again in the greatest demand and in particular, the better quality certified clips. The trading companies […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The Nanjing Wool Conference held last week set the tone for this strong market surge. It resulted in one of the largest weekly gains in years. All types and descriptions with the exception of the carding sector advanced in price to levels, in some cases, not seen in 5 years. Supply and demand will […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment It was another very positive result for wool prices at the Australian auction centres this week. The improved superfine offering available across both the Sydney and Melbourne sales, were keenly sought after. Chinese activity was positive and focused on the 16.0 to 18.5 micron and finer range while the Italian sector competed for the […]

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