Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment Auction prices have rallied strongly, catching some by surprise. It’s been an exceptionally good run and one that is well needed to build confidence in the industry. The usual major buyers are facing good competition from a wider range of exporters while supply remains a limiting factor. With the considerable rise on Tuesday, prices […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market is continuing its upward trend for the 7th consecutive sale. There’s particular interest in fine wool with 16.0 to 18.0 micron coming under the greatest pressure. This is a welcome result with current fine wool prices not sufficient to sustain a fine wool production enterprise. The drought conditions in southern Australia have […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales opened on a positive note following the three-week mid-year recess. We were offered large volume, with in excess of 40,000 bales on sale across the three selling centres. The total value of this week’s sold wool was around AUD M$55. Activity was evenly spread amongst a good cross section of buyers. This was […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales have finished on a positive note. The momentum created in recent weeks has continued with stronger demand and a wider range of buyers competing for a larger volume of wool. All in all, it was a very positive close for the pending three-week recess from auctions. The demand was driven primarily by Chinese […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment It was a very small national offering with just 22,000 bales eventually sold. The market is difficult to quote under such limitations of supply. The market tone, however, was much improved. Buyers were noticeably more active and competing strongly. In particular focus was the finer wools. 16.5 to 18.5 micron , Chinese qualities, were […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment There were selected fine and superfine wool clips that attracted the attention of Italian interests this week. The focus was on wool quality, and it was encouraging to see that there was more than certification that was driving the demand for these clips. Light fault, higher yielding fleece lines are still selling above the […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales have opened for the new season with, as expected, not much change. The result on the opening day was better than expected with the strength of the AUD against the USD. Prices were dearer in US values. This slowed things down a little on Wednesday. Prices did rally a little towards the end […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The final sale of the 2024 wool selling season has ended unchanged. According to the AWEX auction data, 14.6% less firsthand wool (in net kg’s) was offered for the full season and nearly M$300 less in value when compared to the season before. There has been very little movement in the exchange rates in […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment It was a another small national offering this week with prices again outperforming the general market expectations. The opening tone was cautious, but prices have again been more stable than what was expected leading into the sale. This is no doubt a result of limited supply. Buyers chasing as little as 100 bales are […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment AWEX report that this was the smallest national offering since September 2020. The market showed little change overall but the best fine and superfine types, suitable for the Italian market, were in keen demand. This was most evident for the few more stylish clips around 17.0 micron with good specification. Generally speaking, the market […]

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The Schneider Group S.r.l.
Corso Europa, 7
20122 Milano – Italy
CF e P.IVA 13697490962
Ufficio del registro delle imprese d’iscrizione:
Milano Monza Brianza Lodi
Numero di repertorio economico amministrativo (REA) :
MI-2738993
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Euro 500.000