Month

March 2017

Wool Manager’s Report

The bull run for fine merinos continues. It’s difficult not to sound like a broken record at the moment. Supply is tight, demand is strong, forward prices are in record territory we’ve touched on all of these things over the last few months. It is worth noting that China are playing a major role in...
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Wool Manager’s Report

With some renewed interest in the crossbred end of the market in recent weeks I thought it would be prudent to focus on some of the fundamentals determining price at the moment. As has been reported regularly over the past 6 months or so, the price being received for the broader end of the clip...
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Wool Manager’s Report

Following last week’s sharp jump in prices the market was tipped to be somewhat more contained this week with buyers and exporters reporting that they were finding a level of resistance at last week’s close. Trading opened on Tuesday with Melbourne selling in isolation, where we saw prices again firm, albeit not to the same...
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Wool Manager’s Report

Just when we thought the wool market was starting to show signs of consolidating and maybe heading sideways, this week’s relatively small offering held over two days put questions to rest. The market opened on Wednesday with all three selling centres in operation with gusto, with all merino types quoted 40 to 50 cents dearer...
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