Skirtings also came back on Wednesday, with the heavier VM and finer types most affected. This was followed by a better day on Thursday when most types either moved upwards or remained firm.
Overall, crossbreds had a better week than the Merino types for the second week in a row. The crossbred AWEX Micron Price Guide (MPGs) was generally firm, or moved upwards on both days.
It was mixed, but generally satisfactory week for the oddments, apart from in the North on Thursday. The average AWEX Merino Cardings Indicator was down by 0.4% for the week.
Buyers for China were dominant this week, followed by strong support buyers for Europe, India and Taiwan.
Sales will be held in Sydney, Melbourne and Fremantle next week, when 53,132 bales are currently rostered for sale. The present estimate for the following sale (Week 42) is 52,700 bales; an increase of 8.8% over the two sale period when compared with last year. Sales are in recess in Week 41, the week after Easter.
In South African sales, the Cape Wools Indicator was down by 2.0% since last sale two weeks ago against a 0.8% depreciation of the Rand against the US Dollar and a 3.0% depreciation against the Euro. 12,816 bales were on offer.
Australian Wool Industries Secretariat Inc (AWIS)
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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.")
