Home About Us Marketing Options Inputs & Merch Livestock Marketing Our Team Services Contact

Weekly Market Report

For the latest edition, please refresh this page

With Mark Dyson, Managing Director

March 2, 2012

Market recovers some ground

THIS week’s wool market recovered some of the ground lost last week, with the Eastern Market Indicator finishing up 6 cents per kilogram at 1213c/kg clean.

The softer market last week might have contributed to the large withdrawal of wool from sales this week, with just over 47,000 of the 50,000 bales scheduled put under the hammer.

Demand was initially subdued, with the exception of that for 20 and 24-micron wools, before activity increased on the second day of sales.

Most Merino fleece wools then jumped 15-20c/kg, while 24-micron types climbed 30c/kg.

Finer lines from 17.5 to 23 microns generally moved 10-20c/kg in sellers’ favour.

The trend didn’t continue with skirtings, with only better style fine and superfine pieces managing to hold at last week’s levels. Other types drifted slightly.

A large crossbred selection gained a little ground, with oddments, especially some good, bulky, broader locks, following suit.

Recent Issues

Marketing Options

Quality Wool offers a full range of low-cost marketing options to growers, including auction, electronic selling (Wooltrade), private buying, forward contracts, consignment and export. More info

Inputs & Merch

Quality Wool also offers a complete range of farm inputs and general agricultural merchandise through our subsidiary, Quality Rural. We are able to offer products at the most competitive prices, delivered promptly and efficiently, and backed by reliable service and support.

More info