EASTERN AUSTRALIAN MARKET REPORT

Published October 18, 2018 by Tim Marwedel

Market continues to ease.

Comment
The market is reacting to reduced enquiry from overseas clients. Growers yet to come to terms with this as the passed in rate increases dramatically. One third of the merino fleece offered in Melbourne were passed in.
Fleece
16.5 micron and finer 2 / 3 % cheaper.

17.0 / 18.0 micron 2% cheaper.

18.5 micron 1 / 2 % cheaper.

19.0 / 21.0 micron 1% cheaper.
Skirtings
16.0 micron and finer 1% easier.

16.5 / 17.5 micron 2% easier.
Open Top
Very irregular and nominally 2% easier.