EASTERN AUSTRALIAN MARKET REPORT

A good market in a large offering. Prices stabilised around Melbourne levels and then the tone improved a little.

COMMENT

Market compared to Melbourne 21/01. Good fine tending dearer others relatively unchanged.

FLEECE

Best fine very firm and remain around the same level of last Wednesday.

Good 18.5 micron and finer par to 1% dearer, 19.0 micron and broader generally unchanged.

Average types remain irregular with buyers able to be selective in a large offering of long staple length and average strength wool.

SKIRTINGS

Best skirtings at least 1% dearer, others firm.

OPEN TOP

Nominally 1% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

COMMENT

Best style well supported. Inferior style irregular in good competition.

FLEECE

18.5 micron and finer par to 1% cheaper.

19 to 21.5 micron 1-2% cheaper.

SKIRTINGS

All skirtings FNF were 1% dearer.

B fault 18.5 finer unchanged. 19 broader 1% cheaper.

OPEN TOP

All descriptions fully firm.

 

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper.

COMMENT

Good competition in a cheaper market today.

FLEECE

Ultrafine – 14.0/14.5 micron remain keenly sought after.

15.5 / 17.0 micron all par to 1% cheaper.

17.5 / 21.5 micron 3% cheaper.

SKIRTINGS

All skirtings 2% cheaper.

OPEN TOP

All descriptions 3% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market generally firm.

COMMENT

Good general market around the same basis with some minor adjustments.

FLEECE

Ultrafine – 14.0/14.5 micron keenly sought after.

15.5 / 17.0 micron all 1% dearer

17.5 / 18.5 micron unchanged

19.0 / 20.0 micron buyers favour – par to 1% easier.

20.5 / 21.5 micron firm.

SKIRTINGS

Very firm.

OPEN TOP

Unchanged.

 

EASTERN AUSTRALIAN MARKET REPORT

Market advances significantly.

COMMENT

As expected, prices opened dearer across the board following the lead from South Africa last week. Steady interest from Chinese customers over the recess was the reason.

FLEECE

Opened 5% dearer but settled to be around 4% dearer across all types.

SKIRTINGS

Similar to the fleece. Closed approximately 4% dearer for better types.

OPEN TOP

Nominally 3 to 4% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

Market dearer. Sales close for Christmas on a strong note leaving a positive tone for auctions to resume in 2020.

COMMENT

All descriptions dearer. Sydney was a little more affected than Melbourne, likely due to a smaller selection and favourable length and strength specifications.

FLEECE

1 to 2% dearer with Sydney more than Melbourne.

SKIRTINGS

17.5 micron and finer very firm.

18.0 / 19.0 micron in small supply were 1 to 2% dearer.

OPEN TOP

Nominally 1% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

Final sale in a turbulent 2019 for wool prices. All prices sharply upward today in a continuation of this trend.

COMMENT

Considerably better demand resulting in all types and descriptions approximately 3% dearer.

FLEECE

All types up to 3% dearer with 18.5 micron a little more than that.

The more inferior lots were the most affected.

SKIRTINGS

18.0 micron and finer best skirtings in keen demand and 3 to 5% dearer. 18.5 / 19.0 micron were 1 to 2% dearer.

OPEN TOP

Nominally 2 to 3% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

Market firm

COMMENT

All good specification wool remains keenly sought after.

FLEECE

Generally 0.5% dearer on average. The best a little more, the inferior lots a little less.

SKIRTINGS

Not as keenly sought and tended 1% easier with higher VM lots more affected.

OPEN TOP

Generally unchanged.

 

EASTERN AUSTRALIAN MARKET REPORT

A generally firm market with a better tone in the sale room.

COMMENT

A little more wool was withdrawn from sale prior to the auction. Good general competition from all sectors.

FLEECE

Generally firm compared to Melbourne with less irregularity when compared to recent weeks.

Strong competition around 20.5 / 22.0 micron.

SKIRTINGS

Better light fault types were 1% dearer.

OPEN TOP

Very firm.

 

EASTERN AUSTRALIAN MARKET REPORT

Better lots firm, others cheaper.

COMMENT

Market well supported by the Chinese sector with more activity today in a poor style selection.

FLEECE

Best Style / Strength firm.

China style 19.5 micron finer slightly easier up to 1%.

China style 20 micron and broader par to 1% dearer.

Inferior/Tender types 2% easier.

SKIRTINGS

Better lots unchanged, others 1% easier.

OPEN TOP

Generally 1% easier.