Weekly Market Wrap
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With Adrian Field, Melbourne
Trading Manager
June 30, 2006
Market recovers
A WEAKENING Australian dollar combined with forecast small offerings next week helped the eastern market indicator regain lost ground from last week.
The indicator clawed back the 4 cents per kilogram lost last week to close at 729c/kg.
Of the 54,187 bales offered, 12 per cent was passed in.
Most types remained solid, with 21-23 micron Merino fleece gaining the most.
Southern region
Merino fleece wools remained firm, with 21-23 micron types fetching an extra 10-15c/kg.
Merino skirtings strengthened overall, with some better broken types increasing 20c/kg.
Crossbred fleece wools gained about 5c/kg. Carding wools recovered on the final sale day after earlier falls to remain unchanged.
A total 75,846 bales are rostered for sale next week in Melbourne, Sydney and Fremantle.
Little change is anticipated based on the continued weak Australian dollar.
| RECENT ISSUES |
 June 23, 2006 |
| June 16, 2006 |
| June 9, 2006 |
| June 2, 2006 |
| May 26, 2006 |
| May 19, 2006 |
| May 12, 2006 |
| May 5, 2006 |
| April 13, 2006 |
| April 7, 2006 |
| March 31, 2006 |
| March 24, 2006 |
| March 17, 2006 |
| March 10, 2006 |
| March 3, 2006 |
| February 24, 2006 |
| February 17, 2006 |
| February 10, 2006 |
| February 3, 2006 |
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