Weekly Market Wrap
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With Adrian Field, Melbourne
Trading Manager
November 25, 2005
Market eases slightly
THE eastern market indicator eased 3 cents per kilogram
this week to close at 648c/kg.
Most of the price falls occurred in the early part of the
week. Prices were very solid, tending stronger yesterday.
Passed-in rates were recorded at just over 10 per cent.
Southern Region
Wools finer than 21-micron eased slightly, while broader
types remained solid.
Merino skirtings dipped about 5c/kg, with finer wools most
affected again.
Crossbred types eased a little, while cardings remained solid,
with some types strengthening.
About 55,000 bales have been rostered for sale next week at
all three centres.
There is not expected to be any significant change in the
market.
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Trading
Manager Adrian Field
takes a look back - for a better wool
future!
Read more... |
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