EASTERN AUSTRALIAN MARKET REPORT

Published November 22, 2018 by Tim Marwedel

Market dearer again.

Comment
Good widespread activity. Only 1.9% passed in at the Sydney auction, 5.2% in Melbourne. This is a clear indication of the strength of the market.
Fleece
16.0 / 17.5 micron tender and average quality were unchanged.

All other types and descriptions including best wool and everything 18.0 / 22.0 micron were up to 2% dearer.

All non mulesed lots gaining significant market premiums.
Skirtings
16.5 micron and finer fully firm.

17.0 / 18.5 micron 2% dearer.
Open Top
Nominally 1% dearer.