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But we are proud to say that Tim Marwedel contributed 664 entries already.
Comment The small national supply was the significant most influential factor determining the outcome of auctions this week. The most positive result was the trading companies and topmakers willingness to pay for quality. Market premiums for yield, in particular, are good for those that have wool less impacted by this drought. For this reason, the […]
Comment There was not much change in the market this week. There was some initial positivity relating to the easing of the current trade tension, even if for a nominated period. The wind was however taken from the market as the Australian dollar strengthened against the USD mid-week. The market didn’t react as badly as […]
Comment After the Easter recess, sales have resumed with a smaller national offering. Just 34,000 bales were eventually sold with almost 16% of the bales on offer failing to meet the grower price expectation. Markets are no doubt cautious, and the wool industry is no different to any other commodity while international trade terms remain […]
Comment The Australian dollar depreciated by 5% against the USD prior to the commencement of the sale. This certainly helped to ease any cautious concerns as a result of the highly volatile global economy. There was not a lot of change across the week for good types in local currency. This will result in lower […]
COMMENT. The market has, for now, brushed off trade war concerns in a small supply to remain generally unchanged. FLEECE Good wool, with good performance characteristics, remained keenly sought after in a small selection. Chinese types with high yield were again attracting good competition with buyers competing to bring orders up to the required yield […]
Comment It was a positive week with prices across all types and descriptions remaining very firm or trending slightly upwards. This is despite a continuation of relatively poor trading conditions. Currency changes are therefore playing an important role and resulting in little movement from day to day in USD terms. Buyers are still favouring the […]
COMMENT. A very firm market with competition moving to the fleece wool with higher VM, which represented better value. There is a particular focus on the better yielding wools. FLEECE European types, insufficient to quote but nominally very firm. All VM1.0 types (FNF) were very firm. LB types (VM2) and B fault (VM4) were 1% […]
COMMENT. Market was generally firm with some premium for low VM and better yielding wools. FLEECE All fleece within 5c of last week’s closing levels with a focus on higher yield and lower VM pushing these types dearer as the sale progressed. SKIRTINGS Light fault types more keenly sought after but on average, unchanged. OPEN […]
Comment Fluctuating currency markets resulted in an easing of prices across most descriptions. At the slightly reduced basis, the buying bench was altered a little but there were still some companies willing to consume the volume with the slight discount. This was the positive point. Although a little easier to buy, there was to confidence […]
Comment The market opened fully firm and remained that way all week. Only minor changes were recorded over the week. Despite the general gloom amongst wool producers, the medium and broader merino categories are trading at high levels. The AWEX 21.0 micron price guide (MPG) is at the 99th percentile. Meaning that, for the last […]