Weekly Market Wrap
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With Mark Dyson, Managing Director
November 27, 2009
Market momentum continues
THE wool market continued its promising trend this week, with the Eastern Market Indicator lifting to 867 cents per kilogram clean at the close of sales – up 17c/kg for the week.
The Australian dollar maintained its level against the Greenback, falling just slightly from 92.6 to 92.2 US cents by the end of the week.
The total offering of 45,527 bales achieved a 92 per cent clearance.
Good price gains were recorded across all wool types.
Finer wools, particularly of 17-19 microns, fetched an extra 30-40c/kg, while prices for medium to broader types climbed 15-25c/kg
Competition was healthy across the catalogue, with strong demand for skirtings again.
China continued to dominate buying, with noted increased activity from Italian buyers this week, especially for the finer wools at Newcastle.
The national offering next week is expected to nudge 50,000 bales over two days of sales.
| RECENT ISSUES |
 November 20, 2009 |
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| September 18, 2009 |
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| August 28, 2009 |
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| August 7, 2009 |
| July 10, 2009 |
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| June 26, 2009 |
| June 19, 2009 |
| June 12, 2009 |
| June 05, 2009 |
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| May 1, 2009 |
| April 24, 2009 |
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| April 3, 2009 |
| March 27, 2009 |
| March 20, 2009 |
| March 13, 2009 |
| March 6, 2009 |
| February 27, 2009 |
| February 20, 2009 |
| February 13, 2009 |
| February 6, 2009 |
| January 30, 2009 |
| January 23, 2009 |
| January 16, 2009 |
| December 19, 2008 |
| December 12, 2008 |
| December 5, 2008 |
| November 28, 2008 |
| November 21, 2008 |
| November 14, 2008 |
| November 7, 2008 |
| October 31, 2008 |
| October 24, 2008 |
| October 17, 2008 |
| October 10, 2008 |
| October 3, 2008 |
| September 26, 2008 |
| September 19, 2008 |
| September 12, 2008 |
| September 5, 2008 |
| August 29, 2008 |
| August 22, 2008 |
| August 15, 2008 |
| August 8, 2008 |
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