EASTERN AUSTRALIAN MARKET REPORT

The majority of the wool offered was passed in as prices fell further.

COMMENT

All descriptions cheaper as further market indecision prevails.

FLEECE

Nil good or best fine wool available today.

All other fleece types 3 to 4% easier but with less than 50% sold, it was difficult to provide accurate or meaningful market quotes.

SKIRTINGS

Up to 4% easier with the better lots least affected.

OPEN TOP

4% easier

 

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper. Demand was thin as buyers looked for ‘good value’.

COMMENT

The very poor offering didn’t help, possibly the worst on record for a Sydney sale. Passed in rate remains high.

FLEECE

Practically nil good fine wool available.

All average quality types and descriptions were up to 5% easier with finest lots least affected.

SKIRTINGS

4 to 5% easier in a small inferior offering.

OPEN TOP

Insufficient to quote.

 

EASTERN AUSTRALIAN MARKET REPORT

Market par to 1% dearer.

COMMENT

Good solid competition.

FLEECE

All descriptions par to 1% dearer (10-15c)

SKIRTINGS

Very firm

OPEN TOP

Unchanged

 

EASTERN AUSTRALIAN MARKET REPORT

Market rebounds positively.

COMMENT

Chinese interests dominating.

FLEECE

Little to no best fine wool on offer.

Good types all 1 to 2% dearer with the broader edge (20.0>) most affected.

Even low yielding and higher VM lots in keener demand today.

SKIRTINGS

Generally 1% dearer

OPEN TOP

Up to 1% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

Market 1 to 2% easier best style / strength least affected.

COMMENT

Good widespread competition. China leading the way.

FLEECE

18.5 micron and finer generally unchanged in good competition.

19.0 to 21.5 micron 1% easier

SKIRTINGS

Best par to 1% dearer. B/C Fault 2% easier.

OPEN TOP

Nominally 2% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market 1 to 2% easier

COMMENT

High passed in rate.

FLEECE

18.5 micron and finer 1 to 2% easier

19.5 to 21.5 micron 1% easier

SKIRTINGS

1% easier

OPEN TOP

Nominally 2% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper except broader merino types in keener demand from Chinese interests.

COMMENT

Uncertainty continues on global markets. High passed in rate was the notable factor again today.

FLEECE

Generally 2 to 3% easier except for 20.5 / 21.5 micron generally unchanged.

Low yield lots remain out of favour and while much cheaper, were predominantly passed in below grower reserves. Yields will improve soon and discounts will eventually reduce.

SKIRTINGS

2 to 3% easier.

OPEN TOP

Nominally 2% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

 

COMMENT

Market dropped 1-2% early and maintained throughout.

FLEECE

Best lots generally firm across all microns in limited supply.

17.5 micron generally 1-2% easier.

18.5 / 21.5 micron par to 1% easier.

SKIRTINGS

Best 19 micron and finer unchanged

B/C Fault 1% easier.

OPEN TOP

Nominally 1% easier in limited.

 

EASTERN AUSTRALIAN MARKET REPORT

Improved market tone today. Grower reluctance to sell continues to dominate and influence the market.

COMMENT

Better tone towards the close. The lots with lower yields attracted the least interest.

FLEECE

Best lots generally firm across all microns in limited supply.

All 16.5 micron and finer up to 1% dearer

17.5 micron generally unchanged

18.5 / 21.5 micron par to 1% easier.

SKIRTINGS

Best 17.5 micron and finer unchanged

18.0 / 19.5 micron 1% dearer

OPEN TOP

Nominally unchanged

 

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper but difficult to compare best fine with last week’s superior selection.

COMMENT

Large passed in rate in a cheaper market. Best lots least affected.

FLEECE

Few best style and strength fine fleece nominally 3% easier in a very limited selection, but difficult to compare.

Good to average 17.5 micron and finer  up to 4% easier

18.5 micron 3% easier

19.5 / 21.5 micron 2% easier

SKIRTINGS

Best fine 2% easier

Good types 17.0 and finer 3 to 4% easier

17.5 / 19.5 micron 2% easier

OPEN TOP

Nominally 2 to 3% easier