EASTERN AUSTRALIAN MARKET REPORT

The market closed for the mid-year recess on a very strong note. All descriptions dearer.

COMMENT

The market opened stronger and gained momentum as the sale progressed.

FLEECE

18.0 micron and finer 2 to 3% dearer

18.5 / 19.5 micron 2% dearer but also in the largest supply

20.0 / 22.0 micron 3% dearer

SKIRTINGS

17.0 micron and finer fully firm

17.5 / 19.0 micron 2% dearer

OPEN TOP

Nominally 2% dearer

 

EASTERN AUSTRALIAN MARKET REPORT

Market around about, although a little irregular with a stronger Australian Dollar against the USD.

COMMENT

A large offering. The market was reasonably well sustained around the current level although a little irregular in patches.

FLEECE

16.5 micron and finer tending a little dearer, par to 1%.

All better specification (length, strength and yield) were generally firm.

All average specification par to 1% easier for 18.5/20.0 micron

20.5 / 21.5 micron firm

SKIRTINGS

Generally very firm.

OPEN TOP

Nominally unchanged

 

EASTERN AUSTRALIAN MARKET REPORT

Market very firm, tending a little dearer for finer microns.

COMMENT

Another better market tone. This reflected in a smaller passed in rate. 11,500 bales were sold to the trade in Sydney and Melbourne today.

FLEECE

18.0 micron and finer par to 1% dearer

18.5 / 21.5 micron very firm but closed trending a little dearer

SKIRTINGS

Generally very firm.

OPEN TOP

Nominally unchanged

 

EASTERN AUSTRALIAN MARKET REPORT

Market very firm, tending a little dearer.

COMMENT

An improved market tone despite the larger offering.

FLEECE

16.5 micron par to 1% dearer

17.5 / 19.5 micron very firm

20.5 / 21.5 micron 1% dearer

SKIRTINGS

Better fine skirtings up to 1% dearer.

OPEN TOP

Nominally unchanged

 

EASTERN AUSTRALIAN MARKET REPORT

Improved market tone.

COMMENT

More sustained and broader market competition.

FLEECE

Up to 1% dearer for all descriptions

SKIRTINGS

17.5 micron and finer generally 1% easier, best least affected.

18.0 micron and broader generally unchanged.

OPEN TOP

18.0 micron and finer 1% easier

18.5 and broader par to 1% dearer.

 

EASTERN AUSTRALIAN MARKET REPORT

Market around 2% easier

COMMENT

A little over 10% passed in. The market opened easier but was well maintained at the lower level. There was reasonably good competition at the new basis.

FLEECE

Generally 2% easier across the board.

SKIRTINGS

2% easier.

OPEN TOP

Nominally 2% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market a little easier.

COMMENT

Approximately 13% passed in. Some more interest in superfine types.

FLEECE

16.5 micron 1% dearer

17.0 / 18.0 micron best firm, average 1% easier, inferior 1% dearer

18.5 / 20.5 micron 1% easier

21.0 / 21.5 micron firm

SKIRTINGS

18.0 micron and finer better skirtings fully firm

OPEN TOP

Nominally 1% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market easier in a very small and average quality selection.

COMMENT

Chinese interests continue to dominate.

FLEECE

All descriptions generally a full 1% easier.

SKIRTINGS

All descriptions 1% easier

OPEN TOP

Nominally 1% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market easier.

COMMENT

An improved and more varied selection. Chinese interests continue to dominate.

FLEECE

All better yield and specification types remain more keenly sought after.

All others 18.5 micron and finer generally 1 to 2% easier

19.5 / 21.5 micron 1% easier

SKIRTINGS

All descriptions 1% easier

OPEN TOP

Nominally 1% easier.

 

EASTERN AUSTRALIAN MARKET REPORT

Market a little easier across the board but considering the strength of the AUD, it’s a positive result.

COMMENT

Not a lot of change but tending up to 1% easier with lines of lower quality most affected.

FLEECE

15.5/16.5 unchanged

17.5/18.5 micron up to 1% easier for lower strength lines

19.5 micron fully firm

20.5/21.5 micron 1% easier

SKIRTINGS

Better types tending a little dearer par to 1%. Others firm to a little easier

OPEN TOP

Generally firm in a limited selection.