Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment Australian auctions paused mid-week to recognise the Chinese New Year on Wednesday. The volume on offer was reduced a little with some brokers choosing not to offer big quantities while, potentially, buyer competition from China could have been impacted. The market, however, was positive. Prices were unchanged earlier in the week but gained strong […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The large offering was expected to put some downwards pressure on auction prices this week. The sales opened a little cautiously, but this could also have been related to the offering. The better types were keenly sought after right from the start and showed very little movement over the week. This is despite the […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market firm. Good widespread competition across a wide range of types and descriptions. FLEECE Strong competition has resulted in all types maintaining the higher values achieved yesterday. SKIRTINGS All good skirtings were up to 1% dearer. OPEN TOP All open top continued upwards with another 2% increase today.

AUSTRALIAN WEEKLY MARKET REPORT

Comment There was again very little movement in the market. However, the market sentiment was much more positive on the closing day. All types and descriptions were either very firm or trending upwards with widespread competition. This is despite not a lot of positive news around. There is no doubt that the limited volume on […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. A better market tone all round.   FLEECE All types and descriptions were dearer. Finer than 18.5 micron were stronger in Sydney, while broader than 19.0 micron on offer in Melbourne were dearer. All approximately 0.5/1.0% dearer on average. SKIRTINGS All skirtings very firm except 17.5 better types, slightly dearer. OPEN TOP Very firm, tending […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Fine wool barely maintained while the broader ones kept the levels of last week.   FLEECE 18.0 micron and finer 1.5% easier 18.5 / 19.0 micron 0.5% easier 19.5 / 21.5 micron fully firm SKIRTINGS All skirtings up to 1% easier, best least affected. OPEN TOP 0.5% to 1% easier.

AUSTRALIAN WEEKLY MARKET REPORT

Comment There was little change in the market this week with most market indicators showing only minor adjustments. What’s most notable each week is that for the general Chinese best fleece quality (16.5 to 21.5 micron), the Sydney market continues to outperform similar types offered in Melbourne. No doubt it’s a supply and demand scenario […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market very firm. Good wool keenly sought after.   FLEECE Better specification, light fault tending slightly dearer. All good Chinese specification with VM 1, very firm B fault fleece 1% dearer. SKIRTINGS   Better skirtings keenly sought after and tending slight dearer, sellers favour. OPEN TOP Fully firm.

AUSTRALIAN WEEKLY MARKET REPORT

Comment The most significant improvement in the market this week came via increased competition from Italian interests on the best wools 18.0 micron and finer. In commercial quantities, the most important microns are 16.0 to 18.0 micron, and we had these wools up to 2.6% dearer over the week. It was encouraging to see stronger […]

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