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Wool

The wool market has now closed for the annual 3-week winter recess, and all industry players would have been pleased with the final sales. A solid and well supported market leading into a break provides all with confidence, especially wool exporters travelling overseas to visit mills...

The wool market lurched into F19 with an overhang of wool producer’s bales looking to swing income from F18 to F19. If the plan was to reduce tax payable, the market assisted and pulled the market back in all centres and on both days. By the...

The big upward move in the wool market last week and the return of Fremantle resulted in an increased offering this week, with the market easing slightly. The end of financial year sale resulted in finer types retreating by 20 to 40 cents. The Eastern Market...

Sometimes good things come in small packages. Well at least was the case in the wool market this week. Fremantle was on recess again, leaving the East Coast to carry the weight and deliver the smallest national offering in nine years at just 20,904 bales....

The wool market mended last week’s losses to see a general lift across medium and coarse fibres.  Buyer attentions were again diverted away from the finer microns, which saw the price differential between medium and broad microns narrow significantly. The Eastern Market Indicator rose 10 cents...

The wool market set another record this week, it is looking settled at these previously un-attained price levels. Probably another record was set when wool producers in the Sydney catalogue sold 99.9% of bales offered in the first day. Growers are enjoying this market! After last...

The wool market bounced out of the blocks this week, from outset the buyers were forced to compete vigorously to secure any volume. A weaker Au$ assisted but there was no denying the urgency of the buyers as they bid up. The Fremantle market got a...

The wool market opened the week with a continuation of the softer trend of last week, but on Thursday demand returned, and the market looked to have a completely different tone. This was best reflected by activity on the Fremantle auction floor; the close of last...

The wool market bubbled along at the higher rates reached last week, however, AWEX reported that this week buyers reverted to a more selective approach, in contrast to the past couple of sales where faults were overlooked. Wool that exhibited good measurements & style (high tensile...

The break in wool sales over the Christmas period proved positive with the opening sale of 2018 pushing higher across all Merino and fine X Bred types. Buyers were able to secure new orders over the Christmas break, and also digest the potential of reduced supply...