Week Commencing 19/11/18
Week 20 saw an increase of five cents to the Eastern Market Indicator closing at 1,781c/kg with mostly the broader merino types as well as crossbreds enjoying an increase to most indicators.
The week had a national offering of 35,326 bales and a pass in rate of 10.9 per cent.
In the north, the 17-micron indicator fell 50 cents to finish at 2,445c/kg, the 19-micron indicator dropped five cents closing at 2,104c/kg and the 21-micron indicator closed at 2,048c/kg after increasing five cents.
Also making news:
The crossbred sector had a positive week with most movements upward especially for better prepared lines.
The 26-micron indicator decreased three cents to close at 1,140c/kg and the 30-micron indicator increased 27 cents finishing at 663c/kg for the week.
The merino cardings had a positive week with an increase of 80 cents for the north to finish at 1,100c/kg.
Read previous week’s wool reports:
Week 21 quantity is similar to that of 20 with 35,334 bales on offer nationally.
Sydney will offer 8,320 bales, Melbourne will offer 17,761 bales and Fremantle will offer 9,253 over the two selling days.