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Weekly Price Reports

Weekly commentary on the wool market from AWI trade specialists.

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Friday, 30 August 2013

Wool market review - week ending 30 August 2013 (Week 09)

Australian wool auction markets rallied spectacularly this week, with substantive price gains being recorded across the entire selection. Amidst the prevailing gloomy conditions of the past few months, very few of the buying fraternity predicted such a sharp escalation in levels and the swiftness in the turnaround from the very bearish atmosphere to the exceptionally bullish series which occurred this past week.

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Friday, 23 August 2013

Wool market review - week ending 23 August 2013 (Week 08)

Wool auction markets in Eastern Australia continued this week to unexpected strong sale results. Under increasingly negative sentiment flowing from several Chinese suppliers, the market showed great resilience, albeit under a very small volume flowing through the system.

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Friday, 16 August 2013

Wool market review - week ending 16 August 2013 (Week 07)

Wool auction sales opened initially this week to a largely positive result, with the first day being quoted as generally firm in prices and no real movement in any of the type categories on offer. Whilst the number of bales put up for sale was relatively light in volume, the competition was very much evident to be less intense to the previous series, and the subsequent weakening of levels throughout the final day was somewhat anticipated by the buying fraternity.

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Friday, 09 August 2013

Wool market review - week ending 9 August 2013 (Week 06)

Wool auction sales resumed in Australia this week from the winter recess to a very positive tone. The presale sentiment and show floor talk was not at all encouraging, with widespread expectations from the exporters of a flat series; citing the continuing slowing of the Chinese economy, an erratic foreign exchange and a relatively large offering as being dampeners to any significant upward movement.

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Friday, 12 July 2013

Wool market review - week ending 12 July 2013 (Week 02)

Although the prevailing market sentiment has been very negative this past month, the wool markets performed quite admirably this week to close out selling in a more positive tone prior to the annual three week recess.

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