Weekly Market Wrap
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With Adrian Field, Melbourne
Trading Manager
October 5, 2007
Finer wools improve
THE eastern market indicator gained 7 cents per kilogram this week to close at 926c/kg.
The market started weaker early in the week before recovering on the final day.
Most of the price rise was evident in the finer Merino types.
Of the 39,848 bales offered, 7.5 per cent was passed-in.
Southern region
Merino fleece of 20 microns and finer increased 10-25c/kg, while 21-micron and broader wools eased 10c/kg.
Merino skirtings remained unchanged overall and crossbred fleece also remained unchanged, apart from 31-micron and broader types, which eased again.
Cardings were slightly weaker.
Sales will be held in Sydney, Fremantle and Melbourne next week, with about 60,000 bales set to be put under the hammer.
The market is expected to remain steady.
| RECENT ISSUES |
 September 28, 2007 |
| September 21, 2007 |
| September 14, 2007 |
| September 7, 2007 |
| August 31, 2007 |
| August 24, 2007 |
| August 17, 2007 |
| August 10, 2007 |
| August 3, 2007 |
| July 6, 2007 |
| June 29, 2007 |
| June 22, 2007 |
| June 15, 2007 |
| June 8, 2007 |
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