Strong online demand for quality superfine wool via Wooltrade

Sheep Central March 29, 2017

STRONG online demand for good quality Australian superfine wool continued last week.

Wooltrade market operations supervisor Tom Rookyard said 120 bales were trade online last week, as the AWEX Eastern Market Indicator closed firm at 1546c/kg clean and the Western Australian indicator finished down 20 cents on 1534c/kg.

Mr Rookyard said 20 micron Merino fleece wool sold up to 1070c/kg greasy or 1611c/kg clean. Wool in the 21 micron category sold to 968c/kg greasy or 1428c/kg clean, and 22 micron fleece 749c/kg greasy or 1212c/kg clean.

Mr Rookyard said it was the low vegetable matter content fine wool which received the lion’s share of buying activity last week.

The top-priced lot sold online was a single bale of 13.9 micron Australian Superfine Merino fleece wool, with 0.1pc vm. This lot was branded Beltana, offered by Landmark Melbourne and sold for 4750c/kg greasy or 6137c/kg clean.

A bale of 13.1 micron Australian superfine weaner’s fleece with just 0.1pc vm sold for 4000c/kg greasy or 5479c/kg clean. This lot was branded Karalta/M ASWGA AB/467 and also offered by Landmark Melbourne.

Skirtings were topped this week by a four-bale line of 18.8 micron Merino pieces that had 2.3pc vm. It was branded Broughton/Park, offered by Australian Wool Network and sold for 970c/kg greasy or 1696c/kg clean.

An 18-bale line of 19.2 micron Merino pieces with 6.4pc vm sold for 866c/kg greasy or 1572c/kg clean. The lot was branded Redbanks/KI and offered by Elders Adelaide.

With about 46,000 bales on offer at the three selling centres this week, Mr Rookyard said early indications are that finer good quality wool will be well-supported and sought after; however, broader micron prices may waiver this week.

Source: Wooltrade.


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