EASTERN AUSTRALIAN MARKET REPORT

COMMENT

A much better market tone today. 

FLEECE

All descriptions fully firm from 16.5 to 21.5 micron with the odd pocket a touch dearer.

SKIRTINGS

All descriptions 0.5 to 1% dearer.

OPEN TOP

0.5% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

The market opened with a buoyant attitude, with only Chinese greasy wool traders the quietest. Best style and specifications were the flavor of the day and held their ground, whilst the wide ranging Chinese specified wool 165/175/185 seemingly less interest as they retracted again. 

FLEECE

All best style finished the day very firm.

Good style 155/165/175 finished the day 2% easier.

Good style 18/185 up to 1% easier.

Good style 19/215 finished the generally unchanged.

SKIRTINGS

All descriptions generally par to 1% easier.

OPEN TOP

Generally unchanged in limited selection.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

More activity today with good widespread competition at this lower basis. Chinese indent and traders continue to see value and remain active. Grower resistance with a high passed-in and withdrawn rate today. 

FLEECE

All descriptions – 17.0 micron and finer failed to attract attention finishing 3% easier today.

17.5/19.0 micron 1-2% easier.

19.5/21.5 micron 1% easier.

SKIRTINGS

All descriptions generally par to 1% easier.

OPEN TOP

Generally unchanged in limited selection.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

A very difficult day in the sale room today with heavy caution dominating proceedings as indent buyers and traders scramble to work out why the market has reacted this way. 

FLEECE

Selected best superfine types 18.5 micron and finer were fully firm.

Other descriptions 18.5 micron and finer 2-3% easier.

19.0 micron and broader 1.0% easier.

SKIRTINGS

Best types firm, others 1.0% easier.

OPEN TOP

Generally unchanged in limited selection.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

Market easier with a lack of general confidence at the moment. 

FLEECE

Selected best superfine types were generally unchanged for 17.0 / 18.0 micron

Other descriptions 18.5 micron and finer 1% easier

19.0 micron and broader 0.5% easier

SKIRTINGS

Best types firm, others 0.5% easier.

OPEN TOP

Generally 1% easier

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

 

Market easier, fine wool most affected.

FLEECE

18.5 micron and finer 2% easier

19.0 micron and broader 1% easier

SKIRTINGS

Best types firm, others 0.5% easier.

OPEN TOP

Generally 1% easier

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

The market started the day robustly and with more spirited bidding, to eventually settle but remained positive. Best fine wool still in keen demand. 

FLEECE

16.5/17.0 Best/Good style up to 2% easier.

Good topmaking style 18.5 finer par to 1% easier. 19.0 broader sellers favour.

Average types with Chinese specification all 1% easier.

SKIRTINGS

Best types fully firm, other faulty types 1% easier. 

OPEN TOP

Generally Unchanged in limited offering.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

At the close of sales today the market showed signs of improvement finishing the day almost unchanged. Minimal selection of certified wool on offer today, however these were firm. 

FLEECE

Small best style selection generally unchanged in good competition.

Good topmaking style 18.5 finer par to 1% easier. 19.0 broader par 0.5% easier.

Average types with Chinese specification all 1% easier.

SKIRTINGS

Best types fully firm, other faulty types 1% easier. 

OPEN TOP

Generally Unchanged in limited offering.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

Broader edge trending upwards as Chinese competition ramps up late in the sale. 

FLEECE

Spinners 18.0 micron and finer unchanged

Best to good topmaking 18.5 micron and finer 1 to 2% easier

Average types with Chinese specification 19.0 and finer unchanged

All 19.5 micron and broader 1% dearer, finishing stronger as the sale progressed.

SKIRTINGS

Best types fully firm, other faulty types still irregular. 

OPEN TOP

Unchanged.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

Very little change today.

FLEECE

19.5 micron and finer generally unchanged.

20.0 / 21.5 micron remains under pressure, slightly dearer.

SKIRTINGS

Best types were in sellers favour to 0.5% dearer, others firm.

OPEN TOP

Unchanged.