EASTERN AUSTRALIAN MARKET REPORT

Lack of general competition results in a high passed in rate.

COMMENT

More than 1/3rd of the fleece wool was passed in between the two centres but as much as 46% of the fleece in Melbourne failed to meet grower expectations. These were generally the lower yielding, drought affected types.

FLEECE

16.0 micron was a bright spot in the market, generally unchanged.

Better specification 16.5/18.5 micron up to 1% easier only.

All other descriptions 2% easier.

SKIRTINGS

16.5 micron and finer 1% easier.

17.0 / 18.5 micron 2% easier.

OPEN TOP

Generally 1 to 2% easier