Weekly Market Wrap
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With Adrian Field, Melbourne
Trading Manager
February 9th, 2007
Solid trend continues
THE eastern market indicator shed just 1 cent per kilogram this week to close at 930c/kg.
Tasmania held its annual sale, with a very good selection of fine wools offered.
A total 59,391 bales were put under the hammer, with 11.1 per cent passed in.
The main wools affected were 18-micron types and finer.
Southern region
Merino fleece remained unchanged overall, with 18-micron and finer types falling up to 15c/kg, while 20-micron wools jumped 20c/kg.
Merino skirtings continued to be very solid, with crossbred fleece wools gaining another 5-10c/kg. Carding wools also strengthened again, increasing by about 15c/kg.
Next week's sales will be held over three days in Sydney, Melbourne and Fremantle, with a 76,373-bale national offering.
The solid week this week, even with the strengthening Australian dollar, is showing good signs for a continued buoyant market.
| RECENT ISSUES |
 February 2, 2007 |
| January 26, 2007 |
| January 19, 2007 |
| January 12, 2007 |
| December 15, 2006 |
| December 8, 2006 |
| December 1, 2006 |
| November 24, 2006 |
| November 17, 2006 |
| November 10, 2006 |
| November 3, 2006 |
| October 27, 2006 |
| October 20, 2006 |
| October 13, 2006 |
| October 6, 2006 |
| September 29, 2006 |
| September 22, 2006 |
| September 15, 2006 |
| September 8, 2006 |
| September 1, 2006 |
| August 25, 2006 |
| August 18, 2006 |
| August 11, 2006 |
| July 14, 2006 |
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