Entries by Tim Marwedel

AUSTRALIAN WEEKLY MARKET REPORT

Comment We were pleased to see some good competition on the better 17.5/18.0 micron clips this week. Despite the lower market, these types were attracting better competition than the more average types. The sales that traditionally offer more fine wool are fast approaching. This week was one, but the supply was still very limited. Perhaps […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT. Market generally very firm with stronger interest from the Italian sector on the best 17.5/18.0 micron selection. The first of the New Zealand sales was held in Melbourne. 17% of that offering was passed in and the sale results were in line with the Australian market.  FLEECE Best style and specification 17.5/18.0 micron 1 […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment Sales have resumed this week following the three-week midyear recess. While prices were generally lower in local currency, considering the AUD/US exchange rate, the benchmark AWEX EMI was dearer over the week in USD terms. Better specification, lower VM types were more keenly sought after and least affected by the market movement. Buyers across […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market closed on a very positive note. Buyer confidence was more widespread, and they competed stronger towards the close of the sale. All types and descriptions seemed to be in favour with buyers seemingly building inventory. Perhaps the realisation that we have just the one more sale prior to the three-week recess. Following […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The general market trend continues to be soft. Despite this, the small pocket of positive news this week was the performance of the limited offering of good specification non mulesed types, suitable for the Italian market. The offering was not big, but these types held ground in terms of price, while other categories were […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment There was not much positive news to report from this week’s sale series. Volumes for sale were small, the supply variable and generally quite average in terms of quality. Traders continue to report of limited opportunity to sell. This is a reflection of this time of the year as well. It’s not the perfect […]

EASTERN AUSTRALIAN MARKET REPORT

COMMENT Some irregularities in fine wool today. Good types well supported but average and inferior types attracting less interest. FLEECE Best style and specification, suitable for the Italian market, generally unchanged to slightly easier. All China specification – 16.5 / 18.5 micron 2% easier 19.0 / 20.5 1% easier SKIRTINGS Generally, 1 to 1.5% easier […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment The market was softer this week with traders reporting sluggish demand in recent weeks. The positive take on the market, as reported by AWEX in their weekly market report, is that the EMI has closed at 1142 for the season. It’s 1.4% higher than the close 12 months ago (1126). The result is similar […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment This week’s sale has highlighted the current market status. There is no particular urgency for anyone to buy wool, yet most sectors are actively buying. Price is the main driver and following a few weeks of slightly improving prices, they have generally settled a little this week. Buyers, traders and topmakers are all buying […]

AUSTRALIAN WEEKLY MARKET REPORT

Comment All types and descriptions were dearer this week. Competition for the fewer bales that were on offer at this time of the season was strong. Better specification Italian types were keenly sought after, especially any lots below 15.0 micron. They are attracting very keen interest for a strong luxury market that is least impacted […]

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