EASTERN AUSTRALIAN MARKET REPORT

Market closed on a generally firm tone.

COMMENT

Considering the volume on offer and the variable quality, it was a very good result. Good competition remained until the close.

FLEECE

Best fleece with VM 1.0 closed generally firm

All other descriptions a little easier, up to 1%.

SKIRTINGS

Good skirtings firm unchanged.

OPEN TOP

Unchanged.

EASTERN AUSTRALIAN MARKET REPORT

Market rallied for broader merino types with 16.5 to 19.5 micron slightly easier with B&C fault most affected.

COMMENT

Ultrafine microns steel the show with excellent competition from China & Europe. RWS continue to attract keen competition.

FLEECE

Best style/strength FNF 19.5 micron and finer generally 1-2% easier.

Good/Ave style generally 2% easier.

All 20/215 micron generally sellers favor in keen competition.

SKIRTINGS

Best style/length FNF 1% dearer.

B/C Fault firm.

OPEN TOP

All descriptions 1% dearer.

EASTERN AUSTRALIAN MARKET REPORT

Melbourne only market selling today.

COMMENT

The market finished in positive territory today with Best style fine wool keenly sought by all sectors.

FLEECE

Best style/strength  FNF 19.5 micron and finer including RWS were extreme.

Good/Ave style 165 to 215 micron generally 1-2% dearer.

Inferior & B/C Fault generally 1% dearer.

SKIRTINGS

Best style/length FNF 1-2% dearer.

B/C Fault 1% dearer.

OPEN TOP

All descriptions 1% dearer.

EASTERN AUSTRALIAN MARKET REPORT

Best fine FNF still in keen demand.

COMMENT

The market finished better than expected for fine free types with discounts applied to heavy burr inferior styles.

FLEECE

Best style FNF 19.5 micron and finer sellers favor. 20 micron broader 1% easier.

B/C Fault inferior all 1-2% easier.

SKIRTINGS

Best style/length FNF sellers favor. B/C Fault 1-2% easier.

OPEN TOP

All descriptions 1% easier.

EASTERN AUSTRALIAN MARKET REPORT

Good fine wool keenly sought after.

COMMENT

The market finished a little better than expected with only small adjustment for 19.5 micron and finer. Light fault were most in demand.

FLEECE

Selected best fleece 17.5 micron and finer 1% dearer

Best 18.0 / 20.0 micron unchanged

All other descriptions 20.0 micron and finer 1% easier, 20.5 / 22.0 micron 1 to 2% easier.

SKIRTINGS

Good skirtings generally firm

OPEN TOP

Nominally up to 1% easier.

EASTERN AUSTRALIAN MARKET REPORT

Market cheaper.

COMMENT

All descriptions opened easier and were maintained to the close. Best fine wool least affected.

FLEECE

Few 15.5 micron keenly sought after and 1% dearer

16.5 micron 1% easier

17.5 / 18.5 micron 1 to 2% easier

19.0 / 21.5 micron 2 to 3% easier

SKIRTINGS

Best fine 1% easier, others 2% easier.

OPEN TOP

Nominally 1% easier.

EASTERN AUSTRALIAN MARKET REPORT

The market opened opened cautiously, a little flat in the tone of bidding. However, the buyer interest certainly improved in the second half of the auction to remain well supported to the close.

COMMENT

The passed in rate was 3.6% and 7.4% in Sydney and Melbourne respectively.

FLEECE

16.5 micron and finer 1% dearer in a good quality selection. Italian interests.

17.5 / 20.5 micron 0.5% easier

21.0 / 22.0 micron unchanged

SKIRTINGS

Good skirtings unchanged

OPEN TOP

18.5 micron and finer unchanged

19.5 / 20.5 micron 1 to 2% easier

EASTERN AUSTRALIAN MARKET REPORT

Market showed steady improvement today assisted by a slightly weaker A$.

COMMENT

All descriptions dearer in keen competition, with Chinese interests leading the way.

FLEECE

Generally 1% dearer across a wide range of types.

SKIRTINGS

A full 1% dearer

OPEN TOP

1% dearer.

EASTERN AUSTRALIAN MARKET REPORT

Market dearer. Chinese indent orders dominating the market.

COMMENT

All descriptions dearer from the outset.

FLEECE

Generally 2 to 3% dearer across the whole range meaning in actual value that the finest types were most impacted again.

SKIRTINGS

A full 1% dearer

OPEN TOP

1% dearer.

EASTERN AUSTRALIAN MARKET REPORT

Market dearer across the board. Focus on fine wool.

COMMENT

There is very little premium for quality at the moment with the best value being clearly the better types.

FLEECE

19.0 micron and finer 2 to 3% dearer with tender and inferior types most affected

19.5 / 21.5 micron 1% dearer. Low VM and tender types most affected

SKIRTINGS

18.5 micron and finer 1% dearer

19.5 / 20.5 micron firm

OPEN TOP

18.0 micron and finer 2% dearer

18.5 / 19.5 micron fully firm