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Wool Market Report
04/02/2010
Thursday, 4th February, 2010

Sales resumed in all centres this week with a good start to the week with all descriptions posting gains of 10/15 cents. With all centres operating this week Thursday’s auctions did start to ease at the end of selling in Melbourne with pretty much all descriptions finishing the day 10/15 easier. The offering of wools 16.5 and finer did sell to sellers favour increasing by 10/15 cents, with this making them around 30 cents clean dearer than the previous week. Cardings also sold well with increases of 10/15 cents and also remaining close to 20 cents dearer for the week. SMI – 892(-11)

Sydney sales had a very similar day also with all microns easing slightly with the exception of 16.5u and finer posting small gains and the Carding market very solid with improvements of 5/10 cents. NMI – 944(-10)

Fremantle didn’t ease to the extent of the other two centres, with losses of 5/10 pretty much for the day. Cardings all above last week’s levels again with results at the end of selling around 10 cents dearer. WMI – 929 (-7)

Sales resume next week in all centres with the added selling day in Tasmania on Friday. National offering for week 33 is currently 47,621 bales.

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