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Showing 10 results of about 245 for 'wool comments' :
  • WOOL
  • NATIONAL

Friday, August 17, 2018

Perfect storm for wool market.

A fall in the Au$, alongside a reduced offering and the prospect of a further reduction in the offerings into the future, conspired to create an almost frenzied wool market this week.

http://www.mecardo.com.au/commodities/wool/market-comment/perfect-storm-for-wool-market.aspx
  • WOOL
  • NATIONAL

Friday, August 10, 2018

Wool market back in action

The wool market opened after the winter recess with what appeared early to be a negative sentiment on the back of an increased offering. This didn’t last long, as by the end of the week buyers were keen to purchase and pushed the market above the previous close.

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

Friday, July 13, 2018

Wool closes on a solid footing .

The wool market has now closed for the annual 3-week winter recess, and all industry players would have been pleased with the final sales. A solid and well supported market leading into a break provides all with confidence, especially wool exporters travelling overseas to visit mills and set in place plans for a new season supply.

http://www.mecardo.com.au/commodities/wool/market-comment/wool-closes-on-a-solid-footing-.aspx
  • WOOL
  • NATIONAL

Friday, July 06, 2018

The inevitable correction.

The wool market lurched into F19 with an overhang of wool producer’s bales looking to swing income from F18 to F19. If the plan was to reduce tax payable, the market assisted and pulled the market back in all centres and on both days. By the end of the week the market had retraced 80 to 100 cents across all Merino types.

http://www.mecardo.com.au/commodities/wool/market-comment/the-inevitable-correction.aspx
  • WOOL
  • NATIONAL

Friday, June 29, 2018

End of a memorable season for wool.

The big upward move in the wool market last week and the return of Fremantle resulted in an increased offering this week, with the market easing slightly. The end of financial year sale resulted in finer types retreating by 20 to 40 cents.

http://www.mecardo.com.au/commodities/wool/market-comment/end-of-a-memorable-season-for-wool.aspx
  • WOOL
  • NATIONAL

Friday, June 22, 2018

Small but powerful.

Sometimes good things come in small packages. Well at least was the case in the wool market this week. Fremantle was on recess again, leaving the East Coast to carry the weight and deliver the smallest national offering in nine years at just 20,904 bales. As a result of the lower supply, prices rallied to new heights.

http://www.mecardo.com.au/commodities/wool/market-comment/small-but-powerful.aspx
  • WOOL
  • NATIONAL

Friday, June 15, 2018

A narrowing gap between mid microns.

The wool market mended last week’s losses to see a general lift across medium and coarse fibres. Buyer attentions were again diverted away from the finer microns, which saw the price differential between medium and broad microns narrow significantly.

http://www.mecardo.com.au/commodities/wool/market-comment/a-narrowing-gap-between-mid-microns.aspx
  • WOOL
  • NATIONAL

Saturday, June 09, 2018

An end to the winning streak for some but not all.

For the last month the wool market has gone from strength to strength, but alas, the upwards stream has come to a halt. That is, unless you look from a US$ perspective. Despite the small offering due to no sales in Fremantle, most categories retracted from the outset on Tuesday.

http://www.mecardo.com.au/commodities/wool/market-comment/an-end-to-the-winning-streak-for-some-but-not-all.aspx
  • WOOL
  • NATIONAL

Friday, June 01, 2018

“I would rather be selling than buying in this market!”

Who would have thought that 2,000 cents were possible for the EMI, or that only the 25 MPG and broader would sit below the 2000 cent level? This wool selling season the EMI has lifted a massive 38%. In June 2017, it was quoted by AWEX at 1472 cents and this week settled at 2027 cents.

http://www.mecardo.com.au/commodities/wool/market-comment/“i-would-rather-be-selling-than-buying-in-this-market!”.aspx
  • WOOL
  • NATIONAL

Friday, May 25, 2018

What’s on offer? Record prices but not much wool.

Another week, another record. The wool market was again lit up with green across the board. But where one wins, another must loose. We’re seeing the effects of what has been a remarkably strong season finally play out on supply, and this means buyers are having to fight it out for the seasons remaining clip.

http://www.mecardo.com.au/commodities/wool/market-comment/what’s-on-offer-record-prices-but-not-much-wool.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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