EASTERN AUSTRALIAN MARKET REPORT
COMMENT.
Since the close of the last sale of 2024, the AUD has fallen 3% against the USD, which helped create a very competitive and positive open to the start of the new years selling week, mainly driven by Chinese competition.
FLEECE
Best European style/spec wools least affected.
China spec 18.5 micron and finer 2-3% dearer.
China spec 19-20 micron 3% dearer.
China spec 20.5 micron and broader 3-4% dearer.
SKIRTINGS
All FNF skirtings were up to 2-2.5% dearer, with particular keen interest in 18-18.5 micron.
OPEN TOP
All open top wools 2% dearer.