The fine wools had another relatively good week, in which their average AWEX Micron Price Guide (MPGs) were less affected than the 19.5 to 23 micron Indicators.
When looked at over the last two week, all Merino average AWEX MPGs are up by 4.0% to 5.5%, other than 19.5, 20.0 and 22.0 microns, which are up by around 3%.
Skirting types started strongly on Tuesday, particularly at the Tasmanian sale in Melbourne, where sharp rises were reported at the fine end. The rises were better than those for the fleece types. Prices generally steadied on Wednesday, before easing on Thursday.
It was a very good week for crossbreds with gains of up to 6% in their average MPGs.
Oddments started well, particularly in the West, after which they remained reasonably steady across all centres, before lifting slightly in the South on Thursday.
Buyers for China were dominant followed by buyers for Europe, India and Korea. Buyers for Italy were noticeable in the Launceston sale on Tuesday.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 51,901 bales are currently rostered for sale.
Present estimates for the following two sales (Weeks 35 and 36) are 42,230 and 44,400 bales, respectively; a decrease of 3.8% over the three sale period when compared with last year.
The New Zealand Merino Company is rostered to offer 2,826 bales in Melbourne next week.
Sales are in recess in South Africa until next week.
Australian Wool Industries Secretariat Inc
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
