Wednesday 25th January 2012.

A firm to slightly dearer trend was evident at wool sales in Sydney, Melbourne and Fremantle today.

In Sydney all merino fleece categories maintained or improved slightly on yesterday's levels (up to 10 cents dearer). Merino skirtings also showed a similar trend with increases up to 10 cents evident. Crossbreds were generally unchanged, however some of the broader types did come under downward pressure. NMI 1227 (+2).

In Melbourne it was the finer and broader ends of the market that showed improvement. 16.5 and finer as well as 22 micron and broader all registered 20-30 cent gains. All other micron categories were slightly easier. Crossbreds were generally fully firm to slightly easier. SMI 1171 (+3).

Only a one day sale in Fremantle this week and all merino fleece categories showed improvement with 5 - 15 cent increases evident in the fleece types. Merino skirtings also closed the day up to 20 cents dearer. WMI 1204 (+8).

Sales resume next week in Sydney, Melbourne and Fremantle with just under 40000 bales to be offered for sale.