Thursday 15th May 2008

Selling centres: Sydney, Melbourne, Fremantle.

In Sydney, merino fleece 19 micron and broader traded firm to 10 cents dearer. Better style finer types closed up to 30 cents dearer on a limited supply. Merino skirtings closed 10-15 cents dearer. Crossbreds traded firm to slightly dearer. NMI 925 (+3).

In Melbourne merino fleece 18 - 21 micron closed 10 - 15 cents dearer. Broader types did decrease in value by up to 15 cents. Better style 17.5 and finer were again keenly sought after with values increasing by 20 - 30 cents. Merino skirtings were generally firm to 10 cents dearer. Crossbreds traded firm to 10 cents dearer. SMI 861 (+2).

The Fremantle market fiinished the week with slight decreases in the 22 micron and broader merino fleece. All other fleece wool traded firm to 10 cents dearer. Merino skirtings traded generally 10 - 15 cents dearer. WMI 865 (+1).

Sales resume next week in all three centres with approximately 43000 bales to be offered for sale.