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Showing 10 results of about 235 for 'wool comments' :
  • WOOL
  • NATIONAL

Friday, May 18, 2018

And the wool market marches on

The wool market set another record this week, it is looking settled at these previously un-attained price levels. Probably another record was set when wool producers in the Sydney catalogue sold 99.9% of bales offered in the first day. Growers are enjoying this market!

http://www.mecardo.com.au/commodities/wool/market-comment/and-the-wool-market-marches-on.aspx
  • WOOL
  • NATIONAL

Friday, May 11, 2018

All systems go for the wool market

The wool market bounced out of the blocks this week, from outset the buyers were forced to compete vigorously to secure any volume. A weaker Au$ assisted but there was no denying the urgency of the buyers as they bid up.

http://www.mecardo.com.au/commodities/wool/market-comment/all-systems-go-for-the-wool-market.aspx
  • WOOL
  • NATIONAL

Friday, May 04, 2018

Was it turn-around Thursday?

The wool market opened the week with a continuation of the softer trend of last week, but on Thursday demand returned, and the market looked to have a completely different tone. This was best reflected by activity on the Fremantle auction floor; the close of last week in Fremantle was definitely “bearish”, while this week it acted like the “bull”, closing strongly.

http://www.mecardo.com.au/commodities/wool/market-comment/was-it-turn-around-thursday.aspx
  • WOOL
  • NATIONAL

Friday, April 27, 2018

Weaker Au$ helps wool market.

The Au$ slipped below US$0.76 this week and provided a lift for the wool market. Prices lifted across the board on Tuesdays opening. The EMI rose 22 cents, but the story was not so bright when viewed in US$, the EMI actually lost 20 cents. With Wednesday being a holiday for ANZAC Day, once the market resumed on Thursday Merino types all eased back. However, strength was still noted in the crossbred section where they posted consecutive days of stronger prices.

http://www.mecardo.com.au/commodities/wool/market-comment/weaker-au$-helps-wool-market.aspx
  • WOOL
  • NATIONAL

Friday, April 20, 2018

Wool market striding forward.

This week according to AWEX the wool market was “striding forward without retreat’. Despite the obvious military connotations, it’s not a bad description. Not only were buyers bidding higher for the “better spec’s” wool types, the strong demand was observed across the board.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-market-striding-forward.aspx
  • WOOL
  • NATIONAL

Friday, April 13, 2018

Post Easter sale success.

Sales resumed following the Easter break with the largest offering for the season requiring Melbourne to sell over three days. 54,409 bales were offered with 51,066 sold, well above the weekly average of 41,000 bales sold for this season.

http://www.mecardo.com.au/commodities/wool/market-comment/post-easter-sale-success.aspx
  • WOOL
  • NATIONAL

Thursday, March 29, 2018

Wool market gives back ground.

The pattern of the wool market rising one week and falling the next continued. This week saw the market continue the weak finish to last week’s sales, posting price corrections.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-market-gives-back-ground.aspx
  • WOOL
  • NATIONAL

Friday, March 23, 2018

Wool market bouncing along.

One week down, the next week up. This has been a familiar pattern in recent times although this week the lift in the market was all due to currency movements.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-market-bouncing-along-(1).aspx
  • WOOL
  • NATIONAL

Friday, March 16, 2018

I see red, I see red, I see red.

Another week with red splashed across the board for the wool market. The price retractions were not as severe as last week, yet the further correction meant buyers were more selective with their purchases, resulting in noteworthy discounts or rewards for quality.

http://www.mecardo.com.au/commodities/wool/market-comment/i-see-red-i-see-red-i-see-red.aspx
  • WOOL
  • NATIONAL

Friday, March 09, 2018

“Market can only go up ....”, or can it?

After a week of new record levels last week, the wool market has delivered a timely warning; despite all the optimism and a good dose of hype, markets have their own set of drivers and will at times surprise.

http://www.mecardo.com.au/commodities/wool/market-comment/“market-can-only-go-up-…”,-or-can-it.aspx

Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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