General Market Summary

The market remained fairly stable this week. Prices are traditionally a little softer through this period of the season with auction volumes usually starting to increase. However, despite the high price levels, demand was sufficient to maintain prices for another week around about similar levels. Of particular interest to us and many of our weaver clients, is the almost daily occurrence of strong interest in the better style and specification 16.0 to 18.5-micron fleece wool. They remain extremely well supported while other more average descriptions move with a little more regularity as expected when considering the high levels of price. The only movement the better fine micron fleece types are making at the moment is slowly upwards.