Weekly Market Wrap

For the latest edition, please Refresh frequently visited pages.

With Mark Dyson, Managing Director

November 6, 2009

Market recovers with small gains

THIS week's wool auctions recovered some of the correction in the market last week, with the Eastern Market Indicator climbing 10 cents per kilogram clean to 867c/kg.

A total 45,597 bales were offered over two selling days this week, with small price gains made throughout the sales.

The Australian Dollar hovered in the 89-91.5 US cent range, adding about 1 US cent compared with last week.

Merino fleece caught most of the attention, with most types increasing by about 20c/kg.

Prices for some medium micron wools eased toward the end of the selling week, but with 21 and 23 micron types holding firm.

Better style skirtings fetched an extra 10-15c/kg this week, with others remaining steady.

Finer crossbred wools performed quite well too, while demand for coarser types was down a little.

Prices for other types remained similar to last week.

In the southern region there was a wide range of wool types and styles on offer, which provided for healthy competition.

Next week, the national wool catalogue is set to grow slightly to around 48,000 bales.

RECENT ISSUES
October 30, 2009
October 23, 2009
October 16, 2009
October 9, 2009
October 2, 2009
September 25, 2009
September 18, 2009
September 11, 2009
September 4, 2009
August 28, 2009
August 21, 2009
August 14, 2009
August 7, 2009
July 10, 2009
July 3, 2009
June 26, 2009
June 19, 2009
June 12, 2009
June 05, 2009
May 29, 2009
May 22, 2009
May 15, 2009
May 8, 2009
May 1, 2009
April 24, 2009
April 10, 2009
April 3, 2009
March 27, 2009
March 20, 2009
March 13, 2009
March 6, 2009
February 27, 2009
February 20, 2009
February 13, 2009
February 6, 2009
January 30, 2009
January 23, 2009
January 16, 2009
December 19, 2008
December 12, 2008
December 5, 2008
November 28, 2008
November 21, 2008
November 14, 2008
November 7, 2008
October 31, 2008
October 24, 2008
October 17, 2008
October 10, 2008
October 3, 2008
September 26, 2008
September 19, 2008
September 12, 2008
September 5, 2008
August 29, 2008
August 22, 2008
August 15, 2008
August 8, 2008

 
Chris Vordermaier, Wool Brokering Manager
 
 


View Archive





Disclaimer  |  Copyright 2006 Quality Wool  |  Phone (08) 8341 0000  |  Fax: (08) 8341 0044
website by echidna web design