Month

February 2017

Wool Manager’s Report

47,000 bales were rostered for sale this week, with Melbourne selling in isolation on Tuesday, then all three centers in action Wednesday and Thursday. The merinos continue to push to new highs, while basically unchanged on Tuesday they firmed between 5 and 20 cents on Wednesday. There was also some positivity in the xbred sector...
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Wool Manager’s Report

On Tuesday this week Melbourne hosted the traditional Tasmanian February wool sale. With Melbourne selling in isolation and the day being exclusively assigned to the Tasmanian store catalogue it was a perfect test of where this current market is at and how it relates to our wool types. From the opening bid (which turned out to...
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Wool Manager’s Report

There were 45,000 bales rostered for sale this week, selling Wednesday and Thursday in all three selling centers. Once again 19 and finer surged dearer. 18’s closed in Melbourne on day 1 at 1933 cents clean. This is a staggering number. Even more remarkable is the spread between 20 micron and 18, nearly 400 cents...
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Wool Manager’s Report

Auction markets returned to their usual 2 day Wednesday &Thursday rotation this week after last weeks Australia Day holiday. The market in Melbourne followed on from the solid finish last week and retraced the small steps lost in early selling from the previous week. Again it was the finer Merino types that lead the way,...
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