What have you got?

Fibre | 7th March 2025 | By Mike Avery

“If you always do what you’ve always done, you’ll always get what you’ve always got.”–​ Henry Ford

A strong week for the spot auction this week. Stimulated by a robust USD, tight supply, and improved demand the key indices 19.0, 21.0 and the EMI all breach levels not seen since May2023.

The forward market had pre-empted the rise and traded early in the week for the Spring flat to cash (21.0 micron at 1455). That confidence was franked Tuesday and Wednesday leading to stronger bidding across the microns for April, May, and June. Sellers remain hesitant to commit with offering interest mainly focused on Spring.

Tight supply and a momentary strong dollar USD are helping the wool prices battle against the headwinds of drab demand and ever-increasing anxiety over the potential of a trade war and the subsequent fall out.

Hopefully we will see a more opportunities on the forward markets next week as buyers and sellers look to add some certainty to their positions.

Wool forwards traded this week

21.0     September 2025                      1455

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Tags

  • Wool
  • Fibre