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Showing 10 results of about 284 for 'wool comments' :
  • WOOL
  • NATIONAL

Friday, June 14, 2019

No good news for the wool market

Another week of low offerings, high pass-in rates and price falls.The retracement from the February peak is well and truly happening. All categories were impacted with the exception of the better prepared crossbred lots, although these were in scarce supply.

http://www.mecardo.com.au/commodities/wool/market-comment/no-good-news-for-the-wool-market.aspx
  • WOOL
  • NATIONAL

Friday, June 07, 2019

Wool back on the roller coaster

After strong buying activity last week, this week we saw buyers retreat in what was the lowest offering since June last year with Fremantle not selling at all. The market fell back as buyers were cautious about filling orders due to the small offering and lower quality wool. In going over our records of bales sold (back to October 2015), this week and 2 weeks ago are the only times where sales on a weekly basis have been below 20,000 bales.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-back-on-the-roller-coaster.aspx
  • WOOL
  • NATIONAL

Friday, May 31, 2019

Wool buyers are back and busy

The wool market kicked back into gear this week as buying sentiment strengthened. A limited offering meant buyers were more aggressive with their purchasing to secure their requirement. All categories and microns felt the benefits.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-buyers-are-back-and-busy.aspx
  • WOOL
  • NATIONAL

Friday, May 24, 2019

Wool Week celebrations swing to the buyers

It’s been nice to see the glowing Wool Week campaigns highlighting the benefits of wool to consumers, especially considering the market was far from glowing this week. Prices took another harsh cut, replicating last weeks loss which appears to be driven from uncertainty in the China-US tariff war and added supply coming out of South Africa.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-week-celebrations-swing-to-the-buyers.aspx
  • WOOL
  • NATIONAL

Friday, May 17, 2019

Woollen carnage

It’s been quite some time since we’ve seen prices fall so dramatically week on week. From the outset, prices were lower and the falls continued over each day of sale. No micron, style or selling centre was spared.

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

Friday, May 10, 2019

Export volumes down but value up

The wool market tracked lower for Merino types this past week however crossbreds bucked the trend and continued to rally. As for exports, Chris Wilcox, NCWSBA, reports that export volume is down 12% for the season to March, however as a reflection of the strong market export value is up by 3%.

http://www.mecardo.com.au/commodities/wool/market-comment/export-volumes-down-but-value-up.aspx
  • WOOL
  • NATIONAL

Friday, May 03, 2019

Shearing worries spark buyer enthusiasm

The quantity of bales offered for sale this week was sizeable due to accumulation over the Easter recess period. However, that didn’t lead to softened demand. AWEX reported that brokers are talking about sharp declines in shearing activity and this has done well to ignite buyer activity.

http://www.mecardo.com.au/commodities/wool/market-comment/shearing-worries-spark-buyer-enthusiasm.aspx
  • WOOL
  • NATIONAL

Thursday, April 18, 2019

Wool buyers fill their Easter baskets

Seven weeks of sequential losses in the wool market have finally turned around. With the market being on recess for the next week due to the Easter break, buyers were aggressive in their attempt to secure quantity. The egg hunt hasn’t begun, but the hunt for higher yielding wools continued and these styles generally achieved larger premiums over previous weeks.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-buyers-fill-their-easter-baskets.aspx
  • WOOL
  • NATIONAL

Friday, April 12, 2019

Crossbred fibres on trend

The wool market has progressed through another week sitting firm. The Merino market saw slight declines in the east and west but it’s the Crossbred market that’s attracting all the attention. For the fourth consecutive week, crossbred prices have risen which is a direct contrast to the seven consecutive weeks of declines in the Eastern Market Indicator.

http://www.mecardo.com.au/commodities/wool/market-comment/crossbred-fibres-on-trend.aspx
  • WOOL
  • NATIONAL

Friday, April 05, 2019

Wool market ticks along OK

The wool market seems to be sitting in a comfortable space right now, and despite the drought influence on quality there are minimal price movements week on week. There is a negative impact on the market from the continued supply of low yielding wool coming to the market, however the current value of the offering is no doubt being well received by wool producers.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-market-ticks-along-ok.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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