This weeks smaller selection of 41,757 bales attracted strong demand. As with recent sales it was those wools possessing favourable additional measurement results that attracted the greatest attention. With these types in short supply, they recorded the largest increases for the series and were a major factor in many of the individual Micron Price Guides (MPGs) posting positive movements.
A large selection of tender wool and wool with high cvh readings lacked support and these wools lost ground. Overall, the NRI added 10 cents, to close at 1,970 for the series.
After performing well over the previous two weeks, the large selection of crossbred wool had mixed results. Wool 26 micron and finer lacked buyer support and recorded losses of 30-40 cents, while 30 to 32 microns attracted good
support.
The oddment market also experienced losses this week, with price for locks, stains and crutchings generally 20-40
cents lower. Currently 40,629 bales are rostered for next weeks sale.
Source: AWEX