Moses and Son

Wk 38 20/03/14 The AWEX-EMI fell 19c to rest on 1,035c at auction sales this week in Australia. The fall represented the third consecutive week and 8t [...]

Wk 20 13/11/2014. The AWEX EMI rose 8c to settle on 1,050c at auction sales across Australia this week. With 45,345 bales on offer the rise in the ma [...]

Wk 15 09/10/14 The AWEX-EMI posted a 13c rise to settle on 1,051c at auction sales this week. As it punched through the 1,050 barrier it posted the 5t [...]

Wk 16 16/10/14 The AWEX EMI fell 7c to settle on 1,044c at auction sales in Australia this week. With the largest rostered to hit the market in 8 mont [...]

[...] Wk 50 12/06/14 The AWEX EMI closed on 1,029c down 8c at Auction sales in Australia this week. The 34,158 bales offered [...]

[...] Wk 51 19/06/14 The AWEX EMI closed on 1,021c, falling 8c at Auction sales inAustralia this week. The 23,500 bale, two-centre, [...]

[...] Wk 40 03/04/14 The AWEX EMI closed the week at 993c; down 13c for the week. Despite the EMI hitting an 11 month low and [...]

[...] Wk 39 27/03/14 The AWEX EMI lost 29c this week, the largest fall in six months. Now at 1,006c the EMI is at its lowest level [...]

[...] Wk 21 20/11/2014. The AWEX EMI closed on 1,047c down 3c at auction sales in Australia this week.  As Iron ore prices plummeted and the AUD dipped below 86 USc the EMI’ [...]

[...] Wk 16 16/10/14 The AWEX EMI fell 7c to settle on 1,044c at auction sales in Australia this week. With the largest rostered to hit the market in 8 months, it seemed [...]

[...] Wk 32 05/02/2015.   The AWEX-EMI broke through the 1,100c barrier at Auction sales in Australia this week. The 31c rise was the largest weekly gain in 17 months and the first [...]

[...] Wk 31 29/01/2015.  The AWEX EMI closed at 1,070c, posting a 19c rise at auction sales in Australia this week. The rise was assisted by the second smallest national offering for the [...]

[...] may be classified as tender.” If that’s the case, how has the wool market reacted ? Marty Moses from woolbrokers Moses and Son says the discounts on tender wool aren’t as bad as what [...]

[...] Thursdays rise will continue into the next few weeks with 44,831 bales on offer next week ~ Marty Moses [...]

[...] the Australia Day public holiday on Monday and Fremantle offers on Wednesday only. ~ Marty Moses [...]

[...] that is reversing the trend of a finer clip the option to hedge seems extremely prudent.    ~ Marty Moses [...]

[...] continued in Fremantle with the WMI closing higher that both Sydney and Melbourne. Merino Skirtings followed the Fleece trends however gains were generally not as large, whilst Crossbreds [...]

[...] to 10c dearer and the 21 to 23 microns held form in Sydney but lost 5c to 15c in Melbourne. Merino Skirtings ran parallel with the Fleece and enjoyed good support this week whilst Crossbreds begin to [...]

[...] the 16-18 micron range saw up to 100c premiums for measured lot of 40 N/KT and above. Merino Skirtings maintained their previous prices with the exception of the shorter Skirtings which [...]

[...] specified lots resulting in Merino fleece rises between 15c and 50c clean for the week. Merino Skirtings remained buoyant but did not rise to the extent of the Fleece whilst the Crossbreds [...]

[...]  Merino Skirting fell in line with the Fleece however Crossbreds moved sideways and Merino Cardings closed ahead in all three centres. The AUD increased by 73c which made the EMI in USD [...]

[...] followed the rest of the market and closed lower, generally 5c cheaper for the sale. Merino Cardings also finished down 5 to 10c for the week. Comment: Unfortunately the concerns I raised in [...]

[...] , whilst the larger Melbourne offering struggled to maintain last weeks levels. Support for Merino Cardings in the Eastern markets was fully firm on last weeks levels, with an encouraging 12c increase [...]

[...] Skirtings prices levels increased by 10c to 20c, as did the Crossbreds selection. Merino Cardings posted a 2c to 3c rise across Australia. As we put the first quarter behind us a check [...]

[...] . After last weeks lacklustre result on the smallish offering we felt that the 40,500 bale offering this week may have attracted more interest. However the market opened poorly and [...]

[...] of how the market will open post Easter. With only 42000 bales rostered followed by a 35,000 bale offering I believe the market will hold around these levels. Positive GDP growth news from China has [...]

[...] all of the MPG’s however Wednesday saw the rate of fall steadying as the sub 30,000 bale offering could only manage an 83% clearance for the week. If you looked hard enough in the last [...]

[...] Indicators closed a few cents higher despite the largest offering in 10 months. The 49,000 bale offering next week will certainly test the support from the trade. ~ Marty Moses [...]

[...] until Thursday, when there was a reasonably sharp downturn in the final hours. The broader Merino types were least affected by the market’s slide whilst Merino Skirtings were well supported early in [...]

[...] were evenly spread across the two selling days there was a heart beat detected on the broader Merino types late on Thursday in Fremantle sales. Whilst Skirtings were weaker the falls were much less [...]

[...] sales inAustralia this week. The 23,500 bale, two-centre, offering saw the market for most Merino types weaken slightly over both days, whilst the smaller offering of 22 micron and coarser Merino [...]

[...] . I continue to remain cautious for the short term price of Fine (19.5-20) and Medium (21- 22) Merino types. Whilst the supply of these wools are expected to be heavily affected by the poor/desperate [...]

[...] the final AWEX-EMI. Skirting and Crossbreds held firm for the week whilst the Merino Carding Indicator gained 13c in Sydney. The last sale for the season in South Africa closed 3.5% [...]

[...] of the northern region 26 mpg, the only other indicator to maintain or rise was the Merino Carding indicator. The larger offerings over the past fortnight have elevated the YTD totals for this [...]

[...] were generally not as large, whilst Crossbreds increasing 5c to 10c on the final day. Merino Carding Indicator was firm after a large fall last week. 37,432 bales are rostered for next weeks sale [...]

[...] in supply of Fine and Superfine wools seems to be the main culprit in suppressing the lower micron categories, and conversely the reduction in the Medium and Coarser Merino types and the Crossbred and [...]

[...] on the premium Types which continued to show some price-growth especially in the Superfine micron categories and last weeks support for the lower Style and Strength evaporated. Despite this the Merino [...]