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Aussie wool market up - AWIS
31 Jan '12
4 min read
Buyers for China were dominant followed by buyers for Europe and India.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 39,239 bales are currently rostered for sale. Present estimates for the following two sales (Weeks 32 and 33) are 46,240 and 46,300 bales, respectively; a decrease of 2.0% over the three sale period when compared with last year.
In South African sales, the Cape Wools Indicator was down by 0.2% since last week against a 0.9% appreciation of the Rand against the US Dollar and a 0.7% depreciation against the Euro. 10,186 bales were on offer.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 39,239 bales are currently rostered for sale. Present estimates for the following two sales (Weeks 32 and 33) are 46,240 and 46,300 bales, respectively; a decrease of 2.0% over the three sale period when compared with last year.
In South African sales, the Cape Wools Indicator was down by 0.2% since last week against a 0.9% appreciation of the Rand against the US Dollar and a 0.7% depreciation against the Euro. 10,186 bales were on offer.
Australian Wool Industries Secretariat Inc (AWIS)
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