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Home Trading News Commodities

Wool finds relief after a long month

November 10, 2025
in Commodities
Reading Time: 2 mins read
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Wool finds relief after a long month
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A nationwide providing of 30,137 bales went beneath the hammer, down 3,400 on final week, resulting in a complete of 28,312 bales offered. The nationwide pass-in charge eased to six.1%, returning to single digits for the primary time in a month.

On the east coast, Sydney and Melbourne each recorded largely constructive outcomes, supported by regular purchaser demand for high-quality Merino varieties. In Sydney, the 18MPG lifted 37¢ to 1887¢, the 19MPG rose 19¢ to 1732¢, and the 19.5MPG gained 26¢ to 1696¢. In Melbourne, the 18MPG fell 3¢ to 1863¢, whereas the 18.5MPG completed at 1796¢, the 19MPG rose 17¢ to 1733¢, and the 19.5MPG rose 8¢ to 1680¢. Crossbreds have been combined within the south, with the 28MPG up 2¢ to 655¢ and the 30MPG up 5¢ to 567¢, whereas oddments remained subdued as low-VM crutchings firmed barely however locks continued to melt.

Within the west, Fremantle recorded modest beneficial properties amid a smaller choice, with the 18MPG up 12¢ to 1867¢ and the 19MPG up 10¢ to 1734¢, whereas broader microns additionally improved barely. The Western Merino Carding Indicator edged 2¢ decrease to 751¢.

This week in Mecardo, Andrew Woods analysed the Australian wool provide (see article right here). He discovered that AWTA core take a look at volumes have been 18% decrease year-on-year for the three months to September. He famous that October confirmed a rebound, rising 5.5% on the identical month in 2024 as increased costs inspired saved wool to re-enter the market. Curiously, he noticed that the western clip has broadened beneath improved seasonal circumstances, whereas the japanese clip stays finer.



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