Weekly Market Report
For the latest edition, please refresh this page
With Mark Dyson, Managing Director
November 5, 2010
Market promising, with some nervousness ahead
THE wool market continued to soar this week, but there is now some nervousness over a possible price correction around the corner.
The Eastern Market Indicator (EMI) jumped 41 cents per kilogram to reach 990c/kg clean, the highest level so far this season.
The Aussie dollar leapt to parity with the US dollar again this week, surging from 97.5 to 100.5 US cents. This put the EMI higher in US dollars than the Australian currency.
A total 51,522 bales were put under the hammer and only 5 per cent of the offering was passed-in.
Chinese buying continued to be healthy and India and Europe competed strongly this week to support the renewed interest from European buyers.
Fine wool prices took a big jump again, rising 5-10pc. Some finer types gained 100c/kg.
Medium and broad fleece wools posted gains of around 5pc as well, while crossbred wools performed the best at the finer end.
Demand for skirtings kept on pace with recent weeks, however oddments did not follow the trend of the fleece wools and skirtings.
The mood of the trade remains positive, however there is some anticipation of a price correction soon.
Quantities of wool available are expected to increase as growers look to capitalise on the improved market.
A total 51,235 bales has been scheduled for auction nationally next week.
Recent Issues
- May 17, 2013
- May 10, 2013
- May 3, 2013
- April 26, 2013
- April 19, 2013
- April 11, 2013
- March 28, 2013
- March 22, 2013
- March 15, 2013
- March 8, 2013
- March 1, 2013
- February 22, 2013
- February 15, 2013
- February 8, 2013
- February 1, 2013
- January 25, 2013
- January 18, 2013
- January 11, 2013
- December 14, 2012
- December 7, 2012
- November 30, 2012
- November 23, 2012
- November 16, 2012
- November 9, 2012
- November 2, 2012
- October 26, 2012
- Can we call it a bull run?
- October 12, 2012
- October 5, 2012
- September 28, 2012
- September 21, 2012
- September 13, 2012
- September 7, 2012
- August 31, 2012
- August 24, 2012
- August 17, 2012
- August 10, 2012
- July 13, 2012
- July 6, 2012
- June 29, 2012
- June 22, 2012
- June 15, 2012
- June 8, 2012
- June 1, 2012
- May 25, 2012
- May 18, 2012
- May 11, 2012
- May 4, 2012
- April 27, 2012
- April 20, 2012
- April 5, 2012
- March 30, 2012
- March 23, 2012
- March 16, 2012
- March 9, 2012
- March 2, 2012
- February 24, 2012
- February 17, 2012
- February 10, 2012
- February 3, 2012
- January 27, 2012
- January 20, 2012
- January 13, 2012
- December 16, 2011
- December 9, 2011
- December 2, 2011
- November 25, 2011
- November 18, 2011
- November 11, 2011
- November 4, 2011
- October 28, 2011
- October 21, 2011
- October 14, 2011
- October 7, 2011
- September 30, 2011
- September 23, 2011
- September 16, 2011
- September 9, 2011
- September 2, 2011
- August 26, 2011
- August 19, 2011
- August 12, 2011
- July 15, 2011
- July 8, 2011
- July 1, 2011
- June 24, 2011
- June 17, 2011
- June 10, 2011
- June 3, 2011
- May 27, 2011
- May 20, 2011
- May 13, 2011
- May 6, 2011
- April 21, 2011
- April 15, 2011
- April 8, 2011
- April 1, 2011
- March 25, 2011
- March 18, 2011
- March 11, 2011
- March 4, 2011
- February 25, 2011
- February 18, 2011
- February 11, 2011
- February 4, 2011
- January 28, 2011
- January 21, 2011
- January 14, 2011
- December 17, 2010
- December 10, 2010
- December 3, 2010
- November 26, 2010
- November 19, 2010
- November 12, 2010
- November 5, 2010
- October 29, 2010
- October 22, 2010
- October 15, 2010
- October 8, 2010
- October 1, 2010
- September 24, 2010
- September 17, 2010
- September 10, 2010
- September 3, 2010
- August 27, 2010
- August 20, 2010
- August 13, 2010
- July 16, 2010
- July 9, 2010
- July 2, 2010
- June 25, 2010
- June 18, 2010
- June 11, 2010
- June 4, 2010
- May 28, 2010
- May 21, 2010
- May 14, 2010
- May 7, 2010
- April 30, 2010
- April 23, 2010
- April 16, 2010
- April 2, 2010
- March 26, 2010
- March 19, 2010
- March 12, 2010
- March 5, 2010
- February 26, 2010
- February 19, 2010
- February 12, 2010
- February 5, 2010
- January 29, 2010
- January 22, 2010
- January 15, 2010
|
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
|
Home
About Us
Marketing Options
Inputs & Merch
Livestock Marketing
Our Team
Services
Contact
