Weekly Market Report
For the latest edition, please refresh this page
With Mark Dyson, Managing Director
March 4, 2011
Fine wool offering kicks prices
IT was another good week for the wool market, highlighted by strong demand for finer wools at the final Newcastle sale of the season.
The Eastern Market Indicator climbed to another highest ever level of 1307 cents per kilogram clean, rising 21c/kg compared with last week.
It was a similar story in the US currency, notching a record high 1328c/kg US after a 32c/kg jump.
This was despite the Australian dollar edging upwards against the Greenback again from 100.8 to 101.6 US cents.
Close to 45,000 bales was put under the hammer this week, with just 4 per cent of the offering passed-in.
The Newcastle sale strongly kicked prices for finer wools and they will likely ease with the return to selling in Sydney.
Wools of 17-16 microns and finer soared by around 100c/kg, while 18 micron types were up 87c/kg and 18.5 micron wools increased by 73c/kg.
Mid micron types performed well in Melbourne too, with 19.5-21 micron fleece wools gaining 30c/kg.
Merino skirtings in Newcastle followed the trend there, with 17 micron and finer types fetching up to an extra 100c/kg. Poorer types, however, were discounted.
Crossbred wools remained in favour as well to post 30-35c/kg increases, while locks and fine crutchings in Melbourne jumped by about 30c/kg.
Buying was status quo, with China dominating and Europe and India providing strong support.
Next week’s national offering is forecast to pass 50,000 bales nationally and the buoyant mood is expected to continue.
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
