Skirtings types also benefited from the upsurge in demand, with significant gains across all types. Medium and coarse crossbred types recorded similar increases to those seen for the Merino types. Oddments were also in good demand, as reflected in the increase in the AWEX Merino Cardings Price Guide.
Buyers for China were very strong this week, followed by strong support from buyers for India, Europe and Korea.
Highlights from the Australian Bureau of Statistics export data for November, and for the July to November period for the top five export destinations and for three other key destinations follow
Sales will be held in Sydney, Melbourne and Fremantle next week, when 58,228 bales are currently roistered for sale. Present estimates for the following two sales (Weeks 30 and 31) are 49,750 and 41,920 bales, respectively; an increase of 6.7% over the three sale period when compared with last year.
Next week’s sale will be the largest of the season.
Australian Wool Industries Secretariat Inc