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News and market insights by AWI trade specialists into economic, finance, and trade issues that affect the production, sales and demand for Australian wool.
This month we examine the nation’s wool clip, why it is lifting and how various micron bands have performed in the 2016/17 selling season.
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The overall sentiment in China remains positive, although there are some users who indicate that Merino wools finer than 19 micron are at "too high a level" and therefore are killing off demand in some sense. The 19.5 to 23 micron brackets remain price sensitive within the current ranges, but are "better priced" compared to the finer Merino. Demand however, was described as steady.
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This month we examine the results for the MLA and AWI Wool and Sheepmeat Survey Report for March-June 2017 that offer a snapshot of the current flock make up and shearing over the past four months. The survey is conducted on a quarterly basis to improve the frequency and consistency of data collected, analysed and presented to woolgrowers.
Download PDF 0.27 MB
All wool price indicators in the Merino sector are registering at the 100th percentile bands measured over the past 5 years. The current March average of all AWEX MPG (micron price guide) indicators between 16.5 and 22 micron as at the week ending 24th March 2017 compared to the previous 5 years has never sold at higher levels.
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This month we take a look at how wool prices have continued to pull away from other fibres used in clothing, demonstrating the superior positioning of wool in the marketplace. We also examine the premiums for superfine wool that have finally returned.
Download PDF 0.32 MB