WEEKLY MARKET REPORT
Week Ending 10th August, 2018
AWEX Northern Micron Indices Comparison
AWEX INDEX |
This Week S06/18 |
This Week M06/18 |
Last Sale S02/18 |
Sydney Change |
Last Year Sydney |
Sydney Yearly Change |
17 |
2816 |
2831 |
2793n |
+23 |
2227 |
+589 |
18 |
2478 |
2480 |
2435 |
+43 |
2153 |
+325 |
19 |
2292 |
2328 |
2282 |
+10 |
1853 |
+439 |
20 |
2232 |
2246 |
2242 |
-10 |
1648 |
+584 |
21 |
2210 |
2230 |
2224n |
-14 |
1576 |
+634 |
22 |
2184n |
2201 |
2199n |
-15 |
1519n |
+665 |
26 |
1430n |
- |
1519n |
-89 |
1119 |
+311 |
28 |
871 |
886 |
924 |
-53 |
817 |
+54 |
30 |
648 |
673 |
683n |
-35 |
608 |
+40 |
MC |
1466 |
1477n |
1435 |
+13 |
1099n |
+367 |
MARKET OPENS ON A SOLID FOOTING BUT DROUGHT STILL DOMINATES
A good way to kick off sales after the 3 week break as the bigger quantity was easily absorbed into buyers’ inventory. European buyers and forward sellers lead the way especially on the better style/finer types which forced the Chinese mills to join the fray to meet supply requirements, despite the US$ now appreciating by 10% against the CNY-Chinese yuan. Volume drops back to 37,000 bales next week. Should be solid to dearer.
Ag Concepts Fwd Prices as at 10 August, 2018
Micron |
Date |
Low |
High |
21 |
19-Sep-18 |
2150 |
2150 |
21 |
12-Dec-18 |
2075 |
2075 |
21 |
10-Apr-19 |
2010 |
2010 |
Main Buyers (this week)
1 |
Techwool |
7636 |
2 |
Fox & Lillie |
5323 |
3 |
Lempriere |
3837 |
4 |
PJ Morris |
3233 |
5 |
Aust. Merino |
3205 |
6 |
Endeavour Wool |
2880 |
7 |
Kathaytex Aust. |
2486 |
8 |
Modiano |
2073 |
9 |
Tianyu Wool |
1533 |
Eastern Market Indicators (AUD cents/kg clean) 1990cents é 9 cents compared with 13/7/2018 |
Northern Market Indicators (AUD cents/kg clean) 2027 cents é 14 cents compared with 13/7/2018 |
AUD/USD Currency Exchange 0.7438 é 0.0056 compared with 13/7/2018 |
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