Weekly Wool Market Report

Weekly Wool Market Report
Week
31
www.awex.com.au
Thursday, 29 January, 2015
Compared to week 30, Thursday, 22 January, 2015
AWEX EMI (¢)
EMI (US¢)
844
▼ -3
1,070
▲ +19
AUD (US¢)
78.90
▼-1.74
13/14 14/15
13/14 14/15
940
20%
40K
84
10%
30K
81
Year on Year
30-Jan-14 1,132
29-Jan-15 1,070
Year on Year
989
30-Jan-14
844
29-Jan-15
-62
North
South
Ind.
1359 n +52
16.5
-8.45
+6
1325 n +35
17
1350
+53
1311
+41
17.5
1336
+46
1306
+42
1202 n
18
1318
+45
1301
+43
1197 n +14
18.5
1270
+24
1266
+38
1188 n +11
19
1209
+15
1208
+19
1181
+9
19.5
1173
+2
1176
+16
1162
+1
20
1155
+10
1156
+20
1153
0
21
1139
+3
1146
+17
1146
-1
22
1122 n +3
1127
+19
1121 n
-6
23
1110 n +2
1113 n +9
25
930 n +19
936 n +36
26
845
+13
835
+22
28
783
+21
787
+28
30
745
+23
740
+27
32
645 n
+9
648 n +11
MC
853
+14
865
24
17 micron
+22
837 n +12
20 micron
1340
13/14
14/15
Year on Year
8.9%
9.6%
0.7%
2.1%
AWEX Comment
Fremantle
+20 1089
23,433
-9.7%
West
Melbourne
+19 1052
1098
Year on Year
13/14 1,090,588
14/15 1,114,021
Year on Year
30-Jan-14 87.35
29-Jan-15 78.90
-145 -14.6%
-5.5%
Sydney
A small national total and a falling Australian dollar assisted the
AWEX-EMI to a 19-cent rise this week. The dollar fell 1.74 US
cents when compared to the previous week, closing below 79
cents for the first time since 2009 and continuing its recent
downward trend. In volume terms there was a sharp reduction
in catalogue-size compared to the past month. 37,415 bales
were offered nationally, the second smallest for the season.
Although the market made healthy gains across most categories,
the finer microns continued to dominate attention. In particular
buyers are competing strongly for well specified lots in the 17.0
to 18.5 micron range. Sale lots which test above 45 nkt are
bringing substantial premiums – as much as 200 cents over 35nkt
types. The margins stretched out further this week and are
becoming more commonplace after only isolated examples were
noted in previous weeks. Initially targeting Spinners style, the
higher prices are now extending down to Best style types. Other
microns and quality grades also closed ahead this week although
the increases were generally a more modest 5 to 15 cents
depending on selling centre and micron. Fremantle had the
smallest increases due to a one-day sale held on Wednesday,
missing out on additional rises made in the East Coast on
Thursday. Merino Skirtings had a comparatively steady week,
firming by 10 cents. Crossbreds returned to the winners circle
with strong increases after a fortnight of negative returns.
Consecutive rises has the 28 MPG 100 cents higher in less than 3
months. Merino Carding types also had a positive week, lifting
10 to 20 cents.
23 micron
1,340
28 micron
860
1240
1,240
760
1140
1,140
660
1040
1,040
560
Mer. Card. Ind.
900
Jan-15
Sep-14
Jan-14
May-14
Sep-13
May-13
700
Jan-13
Jan-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Jan-15
Sep-14
Jan-14
2 year charts (North/South average). Blue line = last 12 months.
May-14
Sep-13
Jan-13
Jan-15
Sep-14
May-14
Jan-14
Sep-13
Jan-13
May-13
Jan-15
Sep-14
Jan-14
May-14
Sep-13
May-13
Jan-13
800
May-13
Fine
50K
87
1030
Medium
13/14 14/15
90
1080
Crossbred
Passed-In (%)
6.7%
▼ -2.3%
13/15 14/15
13/14 14/15
93
1130
1520
1480
1440
1400
1360
1320
1280
1240
1200
Offering (bales)
37,415
▼ -9,953
Offering Analysis
Mulesing Dec.'s
<1.0%vm (Mer Flc)
66.1%
▼ -3.2%
90%
Bales
(this week)
13/14 14/15
13/14 14/15
80%
NM
2,616
CM
832
60%
20%
50%
40%
Y.T.D.
NM = Non Mulesed
CM = Ceased Mulesed
PR = Pain Relief
13/14
14/15
63.1%
65.0%
13/14
14/15
1.9%
Totals (This Week)
Offered
4,884
1,454
2,582
1,562
10,482
Sold PI/NB Re-off W'Drwn
4,499 7.9% 10.7%
5.0%
1,415 2.7%
2.5%
5.0%
2,543 1.5%
0.5%
0.0%
1,542 1.3%
2.5%
0.3%
9,999 4.6%
5.8%
3.1%
North
MFLC
MSKT
XBFS
ODDS
South
MFLC
MSKT
XBFS
ODDS
Others
9,359
2,271
5,030
2,482
4
19,146
West
MFLC
MSKT
XBFS
ODDS
5,212
1,091
360
1,124
7,787
4,417 15.3%
1,038 4.9%
333 7.5%
1,049 6.7%
6,837 12.2%
8.4%
7.2%
3.9%
8.2%
8.0%
4.3%
1.0%
0.3%
6.6%
4.0%
37,415
34,921 6.7%
7.7%
2.5%
TOTAL
8,634
2,194
4,850
2,403
4
18,085
7.7% 13.6%
3.4%
4.1%
3.6%
3.4%
3.2%
4.6%
0.0%
0.0%
5.5%
8.6%
2.4%
0.4%
0.1%
1.6%
0.0%
1.4%
PI% & RO% are % of offering. WD% is % of total catalogue.
MFLC = Merino Fleece.
MSKT = Merino Pieces & Bellies.
XBFS = Non-Merino (Crossbred) Fleece, Pieces & Bellies.
ODDS = Lambs, Locks & Crutchings (all breeds).
Averages (This Week)
MFLC
MSKT
XBFS
ODDS
19.02
18.60
27.98
21.93
21.51
VM Grsy Lot
Kg / Style
%
¢
size bale
1.2 831 5.5 182.9 4.6
5.1 582 4.0 177.8 5.1
1.6 513 5.4 171.9 5.0
3.5 477 3.9 169.9 4.9
2.1 670 4.9 177.5 4.8
MFLC
MSKT
XBFS
ODDS
Others
19.40
18.60
27.89
21.22
19.40
21.72
0.9
3.5
0.8
2.4
0.5
1.4
808
602
518
480
829
668
6.7
5.2
6.4
5.3
4.0
6.2
181.1
176.5
173.4
172.1
139.8
177.4
4.5
4.9
4.6
4.7
5.0
4.6
MFLC
MSKT
XBFS
ODDS
19.40
18.50
24.84
19.12
19.46
1.1
4.7
1.3
2.1
1.8
753
534
522
536
682
7.7
5.5
4.7
5.0
6.6
179.1
175.7
158.3
172.9
176.8
4.8
5.1
5.0
5.0
4.9
21.19
1.7
671
5.8 177.3
4.7
Mic.
North
South
West
TOTAL
> 40nkt (Mer Flc)
24.0%
▼ -2.7%
34% 13/14 14/15
32%
30%
28%
26%
24%
22%
20%
18%
40%
70%
6,129
PR
Style 4 % (Mer Flc)
45.3%
▼ -5.7%
Y.T.D.
37.6%
41.2%
3.5%
<50 POB (Mer Flc)
46.9%
▲ 1.1%
13/14 14/15
60%
50%
40%
Y.T.D.
23.4%
13/14
14/15
24.3%
0.8%
Totals (This Season)
13/14
14/15
Offered
166,611
55,716
55,962
35,007
313,296
North
MFLC
MSKT
XBFS
ODDS
South
MFLC 314,633
MSKT 80,865
XBFS 112,682
ODDS 65,474
Others
34
573,688
Y.T.D.
46.2%
42.9%
-3.3%
Sold PI/NB Re-off W'Drwn
147,011 11.8%
8.3%
5.7%
53,311 4.3%
3.4%
2.5%
54,586 2.5%
1.7%
0.8%
33,593 4.0%
2.8%
3.1%
288,501 7.9%
5.7%
4.0%
277,182 11.9%
76,340 5.6%
107,683 4.4%
61,888 5.5%
34 0.0%
523,127 8.8%
8.3%
5.0%
4.3%
2.0%
2.7%
1.0%
4.0%
2.4%
0.0% 45.2%
6.1%
3.5%
South NZ NZ-ALL 14,069
14,069
10,467 25.6% 12.3%
10,467 25.6% 12.3%
7.3%
7.3%
MFLC 141,898
MSKT 30,147
XBFS
8,054
ODDS 32,869
212,968
119,556 15.7% 12.6%
27,946 7.3%
5.9%
6,838 15.1%
7.1%
30,600 6.9%
4.6%
184,940 13.2% 10.2%
7.0%
2.9%
1.3%
2.2%
5.5%
West
TOTAL
1,114,021 1,007,035 9.6%
6.9%
4.1%
PI% & RO% are % of offering. WD% is % of total catalogue.
Main Buyers (This Week)
Bales Group %
Merino Fleece
TECHWOOL TRADING
FOX & LILLIE
PJ MORRIS
TIANYU
2,801
2,213
1,306
1,249
16.0%
12.6%
7.4%
7.1%
KATHAYTEX (VIC)
TECHWOOL TRADING
FOX & LILLIE
AUST. MERINO EXP.
1,873
1,833
1,089
369
24.2%
23.7%
14.1%
4.8%
TECHWOOL TRADING
MICHELL P/L
VIC. WOOL PROCESSORS
FOX & LILLIE
740
555
394
391
14.8%
11.1%
7.9%
7.8%
AUST. MERINO EXP.
TIANYU
TECHWOOL TRADING
MODIANO
965
747
715
406
20.8%
16.1%
15.4%
8.7%
Crossbred Fleece/Pieces/Bellies
Oddments
Merino Skirtings
Averages are weighted by greasy kg. Offered wool only.
(c) Australian Wool Exchange Ltd +61 2 9428 6100
Not for reproduction without permission (click here for AWEX terms)
Page 2 of 4
▲ 0.6994
0.0039
▼ 93.090
-2.190
▼ 48.423
-1.264
0.5211
▼ -0.0118
ZAR
USD
NZD
JPY
INR
EUR
GBP
Foreign Exchange
0.7890
▼-0.0174
1.0764
▲ 0.0049
9.141
▼ -0.153
Woolgrower Returns
Indicative $ per head
17
19
21
23
National average $ per bale (This Week)
$2,000
28
$/ Bale @ 185 kg $1560 $1437 $1364 $1324 $936
$59 $54 $52
$35
$50
$/Head cut @ 7 kg
$51 $47 $44
$43
$30
6 kg
$42 $39 $37
$36
$25
5 kg
$29
$20
$34 $31 $29
4 kg
$1,500
$ per bale
$2,000
Flc
Lks
Pcs
$1,500
$1,000
$1,000
$500
Returns are gross and do not allow for
shearing, testing, & selling costs.
$0
$500
17
20
23
26
$0
29
32
Micron
MPG Percentile rankings (South - 5 years)
Exports
17
2013/14
38
19
45
21
46
23
44
237.3Mkg 71%
China, P.R.
28
100
MC
100
Percentiles rank the current MPG over 5 years.
A percentile of 100% means the MPG has been lower
99%of the time (or higher -1% of the time).
2014/15
95.7Mkg 71%
India
25.3Mkg
8%
9.5Mkg
7%
Italy
15.6Mkg
5%
6.5Mkg
5%
Czech Republic
14.8Mkg
4%
6.4Mkg
5%
Current season is for July to November, prev. season is 12 mths.
Contact AWEX for the full version of Monthly Wool Exports
Future Sales
National Offering History
Bales Days
46,486
13,832 W-T
S32 is a designated Australian Superfine Sale
M32/14 23,418 W-T
F32/14
9,236 W
*
Week 33
Week 34
Bales
Week 32
S32/14
50,481
43,800
*
*
60K
60K
50K
50K
40K
40K
30K
30K
20K
20K
10K
10K
0K
1
7
10
13
16
19
22
28
31
34
37
40
Week No
Previous Season
This Season
This Week
44
47
50
0K
(in clu d es
reo ffers)
Forecast
Seasonal comparison
Offered (Bales)
13
14
Change
NORTH 321,238 313,296 -7,942
SOUTH 559,968 587,757 27,789
3,586
WEST 209,382 212,968
1,090,588 1,114,021
23,433
Total
Offered (Kg clean)
-2.5%
5.0%
1.7%
2.1%
13
37.5M
64.8M
23.3M
14
Change
36.8M
-0.8M
69.2M
4.5M
23.5M
205K
125.6M
129.5M
3.9M
-2.0%
6.9%
0.9%
3.1%
First Hand Offered (Kg clean)
First Hand Offered (Bales)
13
14
Change
NORTH 308,143 295,588 -12,555
SOUTH 532,060 550,789 18,729
-688
WEST 191,935 191,247
5,486
Total 1,032,138 1,037,624
NORTH
SOUTH
WEST
Total
-4.1%
3.5%
-0.4%
0.5%
(c) Australian Wool Exchange Ltd +61 2 9428 6100
NORTH
SOUTH
WEST
Total
13
35.9M
61.5M
21.3M
14
Change
34.6M
-1.3M
64.8M
3.3M
21.0M
-0.3M
118.8M
120.4M
1.6M
-3.7%
5.3%
-1.3%
1.4%
Not for reproduction without permission (click here for AWEX terms)
Page 3 of 4
35
35
35
35
35
1
1
1
1
2
90
80
90
80
70
35
35
35
35
35
1
1
1
1
2
1,250
1,260
1,215
1,215
1,235
1,240
1,179
1,220
1,250
1,090
1,214
1,080
1,220
1,060
1,200
90
80
90
80
70
35
35
35
35
35
1
1
1
1
2
1,195
1,195
1,190
1,180
1,077
90
80
90
80
70
35
35
35
35
35
1
1
1
1
2
2
1,150
1,155
1,160
1,150
1,140
1,140
1,147
1,140
1,157
1,155
1,160
1,155
765
755
775
1,138
1,128
1,140
1,135
1,025
758
1
1
1
1
2
2
2
1,076
1,140
1,140
1,140
1,135
1,064
1,080
1,054
90 35 1
MF5 100 35 1
MF5 90 35 2
MZ5
2
MF4 100 35 1
1,120
1,120
1,120
1,115
1,089
1,134
1,126
1,111
1,110
1,120
1,120
1,130
1,130
1,130
1,130
1,135
717
1,115
1,120
1,130
1,123
1,114
1,132
1,013
1,120
17.0 MF4
MF4
MF5
MF5
MP5
18.0 MF4
MF4
MF5
MF5
MP5
19.0 MF4
MF4
MF5
MF5
MP5
20.0 MF4
MF4
MF5
MF5
MP5
MZ5
21.0 MF4
MF4
MF5
MF5
MP5
MC5
MZ5
90
80
90
80
70
35
35
35
35
35
VMB
Strength
90
80
90
80
70
Style
Length
Quotes (¢/kg clean)
22.0 MF4
North
29 - Jan
1,280
1,250
1,260
1,263
1,213
1,167
1,084
1,110
1,115
1,105
1,110
24.0 MF5 100 35 1
1,060
1,060
1,060
90
MF5 100
MF5 100
MF5 90
35
40
35
35
MF5 90 35 1
MF4 100 35 1
West
22 - Jan
29 - Jan
22 - Jan
1,296
1,250
1,234
1,260
1,289
1,230
1,108
1,231
1,230
1,240
1,102
1,222
1,181
1,185
1,180
1,175
1,170
1,079
1,158
1,135
1,140
1,133
1,135
1,224
1,189
1,200
1,199
1,205
1,195
1,065
1,173
28 - Jan
21 - Jan
1,190
1,110
1,190
1,200
1,186
1,185
1,173
1,170
1,074
1,158
1,148
1,147
1,148
1,145
1,128
1,130
1,133
1,130
1,023
765
740
1,071
1,047
0
1,200
1,195
1,177
1,195
1,192
1,185
1,179
1,180
1,186
1,183
1,155
1,150
1,155
1,155
756
1,074
1,150
1,144
1,144
1,150
0
1,185
1,180
1,180
1,182
1,175
1,175
1,170
1,175
1,174
1,155
1,150
1,155
1,150
1,062
735
1,068
1,150
1,145
1,150
1,150
865
1
1
1
1
23.0 MF4
South
1,110
1,060
930
25.0 XF5 100 35 1
26.0 XF5 110 35 1
28.0 XF5 120 35 1
930
845
845
XF5 110 35 1
30.0 XF5 120 35 1
XF5 110 35 1
1,136
1,110
1,115
1,105
1,110
1,110
1,050
1,050
1,055
1,052
915
915
830
830
1,110
1,120
1,110
1,113
1,113
1,070
1,070
1,070
733
1,147
1,066
1,130
1,110
1,111
1,100
1,103
1,096
1,111
1,093
1,105
1,096
1,111
1,093
1,105
1,106
1,101
1,101
1,050
0
900
0
793
0
1,050
1,050
1,050
1,070
935
935
830
830
900
810
0
793
785
783
765
762
790
787
760
759
810
0
783
763
788
759
0
745
0
0
745
744
723
720
745
737
716
713
744
721
739
714
745
MF = Merino Fleece (Schlum. dry yield)
XF = Crossbred Fleece (Schlum. dry yield)
MP = Merino Pieces (Schlum. dry yield)
MZ = Merino Locks (Scoured 17% yield)
MC = Merino Crutchings (Scoured 17% yield)
(c) Australian Wool Exchange Ltd +61 2 9428 6100
Not for reproduction without permission (click here for AWEX terms)
Page 4 of 4

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