Early morning Australian wool prices continued to fall
Release time:
2023-05-16
North: Market index down 30 cents, pass-in rate: 16.4%
Market Summary:
18 micron -50 cents
19 micron -30 cents
Merino fleece: Morning pass-in rate 15%, price down 50 cents. Prices of 18-19 micron FNF types also fell, with prices of 2% vegetable matter down 15 cents.
Merino skirtings: 88% are 17-19 microns, half of which are 18 microns. The price of 17-18 micron vegetable matter >2% was down at the opening.
Crossbred wool: 60% of fine crossbred wool is 25-27 microns.
South: Market index down 10 cents, pass-in rate: 15.4%
Market Summary:
18 micron -28 cents
19 micron -21 cents
20 micron -9 cents
Merino fleece: The morning index was down, with the best 19.5 micron and finer types down 15 cents, and slightly inferior types down 20-30 cents. The supply of 20 micron and coarser types was lower, with prices down 10 cents.
Merino skirtings: Skirting prices generally fell by 10-15 cents, with high vegetable matter types down 20-30 cents.
Crossbred wool: Supply of crossbred wool was low in the morning, with prices slightly down 10 cents.
West: Market index down 9 cents, pass-in rate: 28.3%
Market Summary:
18 micron -10 cents
19 micron -5 cents
20 micron -5 cents
21 micron -15 cents
Exchange rate: 0.6683
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