纺织网首页 | 搜索 | 产品 | 企业 | 供应 | 求购 | 人才 | 论坛
会员登录  免费注册  新闻订阅  我要投稿
纺织资讯
您的位置:首页 > 信息中心首页 > 正文
【收藏到商务室】

Fall in US exchange rate hits AWEX wool indicator (Australia)


http://www.texnet.com.cn  2012-05-30 08:50:06  来源:Australian Wool Industries Secretariat Inc 收藏
华兴纱管

Australian Wool Industries Secretariat Inc (AWIS) releases wool sale report for the week ending May 25. The Australian Wool Exchange (AWEX) Regional Indicators finished 1.4% lower, on average, at sales in Sydney, Melbourne and Fremantle this week when the US exchange rate fell by 2%. The change in the Eastern Market Indicator (EMI) in US currency was -3.5%.

This week’s market opened in a similar environment to last week, with low global economic confidence, soft demand and falling prices in US currency that were cushioned by a further devaluation of the US exchange rate. There continues to be significant quantities of cotted and discoloured wool.

The sales opened on Wednesday with an easing across all Merino micron ranges apart from 16.5 micron area in the South, where some good wool was on offer. The greater fall in the WMI included a “catch up” amount for the fall in the East on the previous Thursday when there was no sale in the West.

There was a further easing on Thursday this week, except again for the 16.5 micron wools in Melbourne. There were also some small gains in the 17.0 and 17.5 Micron Price Guides (MPGs) that were not replicated in Sydney. The overall falls were not so evenly distributed on Thursday, with the 18.5 to 20 micron wools most affected.

Crossbred wools, on average eased by similar amounts to Merino wools. Pass-in rates were less than last week, but were still high by comparison with earlier weeks.

The Eastern Market Indicator (EMI) and WMI followed the pattern of recent weeks, with the spot values less than in the same week last year (-280¢ and -209¢ respectively), but with the season averages higher than last year (by 106¢ and 132¢, respectively).

In other countries, the Cape Wools Indicator was down by 2.5% while Rand by 5.7%; and the Wool Services International fine crossbred (33 - 35 microns) and coarse crossbred (36 – 39 microns) Indicators were up by 2 to 4.5 % in New Zealand. Among other fibres, July futures for cotton were down by 5.6% from last week to close at 73.62 US¢ on Friday.

33,273 bales were on offer, compared with 39,578 bales last week. 18.1% were passed in, comprised of 17.5% in Sydney, 15.4% in Melbourne and 27.4% in Fremantle. Pass-in rates for Merino fleece and skirtings were 17.6% and 28.7%, respectively. 27,265 bales were cleared to the trade.

The year-to-date offering is 54,103 bales less (-3.0%) than at the end of the same week last year. The year-on-year difference will move back to around -2% over the next three sales if the expected volumes for sale eventuate. The forecast volumes are 21.8% above the same period last.

The difference will be partly due to the lower volumes this time last year as growers had already rushed wool onto the market to take advantage of the very good prices. It may also be partly due to growers reacting to the current global and wool market circumstances. The greater volumes will create additional pressure in the current market.

The US exchange rate continues to fall back for all the familiar reasons while the ongoing uncertainty continues in Greece. There is now increasing speculation as to whether Greece will leave the Eurozone.

Skirting prices again came under considerable pressure on Wednesday, particularly among the heavy fault and poorer type wools. The better style types held their ground on Thursday, while other types remained under pressure.

It was a mixed week for crossbreds, with the average AWEX Micron Price Guide (MPGs) relatively unchanged at the fine end, but down for 32 microns due to a significant fall in the North over the last two weeks.

Oddment types were down in all centres on both days, with locks the least affected. The AWEX Merino Cardings Price Guide eased by around 10¢ on both selling days.

Sales will be held in Sydney, Melbourne and Fremantle next week, when 40,838 bales are currently rostered for sale. Present estimates for the following two sales (Weeks 49 and 50) are 26,197 and 34,600 bales, respectively; an increase of 21.8% over the three sale period when compared with last year.

In South African sales, the Cape Wools Indicator was down by 2.5% since last sale against a 5.7% depreciation of the Rand against the US Dollar and 3.1% depreciation against the Euro. 8,271 bales were on offer.

转载本网专稿请注明出处“中国纺织网”
编辑:纺织网
贸易行情论坛】 【打印】 【关闭】 【我要收藏
文章关键词: US exchange rate  AWEX wool indicator  wool price 
「相关报道」
更多精彩纺织英文
进入纺织英文>>


免责声明:浙江网盛生意宝股份有限公司对中国纺织网上刊登之所有信息不声明或保证其内容之正确性或可靠性;您于此接受并承认信赖任何信息所生之风险应自行承担。浙江网
盛生意宝股份有限公司,有权但无此义务,改善或更正所刊登信息任何部分之错误或疏失。

站内支持:关于我们 - 服务项目 - 法律声明 - 意见反馈 - 企业邮箱 - 联系我们 - 友情链接 - 纺织数据库 - 快速产品通道 - 外贸助手
兄弟站点:生意宝 - 国贸通 - 中国化工网 - 全球化工网 - 医药网 - 中国服装网 - 机械专家网 - 中国农业网 - 中国蔬菜网 - 浙江都市网 - 中国红娘网 - 南阳商务网
糖酒招商网 - 中国卫浴网 - 中国粮油网 - Global Buyers & Suppliers - ChinaChemNet

中国纺织网 版权所有 1997-2014 浙ICP证:浙B2-20080131
服务热线:0571-88228405