Steady online wool demand on AuctionsPlus trading platform

Sheep Central, February 20, 2018

ONLINE wool demand was continual last week as the auction market price benchmark fell slightly.

AuctionsPlus market operations supervisor Tom Rookyard said the wool market held its position to similar levels as the benchmark AWEX Eastern Market Indicator fell 6 cents to 1812c/kg clean.

“AuctionsPlus saw small but continual buyer enquiry throughout the week, with 46 bales selling online.”

A five-bale line of 19.9 micron Merino bellies sold for 760c/kg greasy or 1523c/kg clean. The line had an average staple length of 77mm and a yield of 49.9 percent with 9.2pc vegetable matter content. It was offered by Primaries of WA and branded Yardup.

A three-bale line of 21.3 micron Merino locks with a yield of 66.7pc and 1.9pc vm sold for 870c/kg greasy or 1304c/kg clean. It was branded Nampara and offered by Elders.

Elders also offered a 15-bale line of 24.4 micron crossbred fleece branded Deltroit that sold for 810c/kg greasy, or 1213c/kg clean. The line had a yield of 66.8pc and 1.8pc vm.

Mr Rookyard said about 40,000 bales will be offered across all three selling centres this week.

“The market is looking towards renewed demand following the Chinese New Year celebrations.

“Early reports suggest that it will hold its current position, but poorer quality fleece wools may continue to drift.”

Source: AuctionsPlus.


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