Market Comment
Big offering, mixed results
This week saw the largest offering since August last year, with ‘plenty of stylish wool’ on offer according to AWEX. It also included a special
David Myers
February 18, 2022
This week saw the largest offering since August last year, with ‘plenty of stylish wool’ on offer according to AWEX. It also included a special
Last month Mecardo looked at ABARES data which provided a profile of the Australian sheep flock, broken into four size categories. In this article ABARES
Merino wool prices are trading at good levels and there are economic storm clouds on the horizon in the form of interest rates and political
The recent positive market movement came to a halt this week, with almost all sectors losing ground. An increased offering as a result of the
Every price cycle in the greasy wool market has some peculiar attributes, and in the current market it is the strength of fine micron premiums
The greasy wool market covers a wide range of constituent wool markets ranging from the rarefied 12 micron wool, which is rarely seen at auction,
The wool market has followed up from last weeks strong finish to post solid price increases across all sectors this week. The Australian Wool Exchange
The Australian greasy wool market is reported on in Australian dollar terms, which makes sense. However the vast majority of Australian wool is exported, with
Demand for RWS accredited wool continued through January with stable large premiums reported in South Africa which were evident also in the Australian auction market.
Initial concerns from buyers over the size of this week’s offering were evident in the steady market on the opening day, however these concerns were
The mythology of the wool industry tends to focus on sheep stations but the reality is that these large farms account for a small proportion
Greasy wool is embedded within an old and complex matrix of related fibre markets. Any assessment of wool prices needs to take into account the
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