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Beyond the Bale : March 2016
MARKET INTELLIGENCE 53 Asat the end of January 2016, the total figure of wools tested being finer than 15.6 micron has exceeded the previous full 12 months season 2014/15 by 183,400 kgs, with 5 months left of testing for the season to be added. By simplistic extension, this gives a forecast figure of a season on season maximum growth potential of 56.6% within this production area, with 5 months of the testing season left, in theoretical terms. With the historical low levels of prices being received for these very finest of our wools, it is quite surprising that testing appears to be on a heavy increase. Seasonal conditions may partly explain a minor part of the increase, particularly in Tasmania where the dry conditions have ‘fined up’ a few clips, but breeding decisions undertaken several years back would be the most attributable and logical factor. Obviously the accuracy of the forecast might not be met, particularly given the vagaries of wool-growing and seasonal conditions as well as shearing and testing patterns, but the trend is apparent and measurable to the stated figures at this stage. With this figure in mind, it is worth noting the 15.6 to 16.5 micron area of Ultra-fine tested wool is on track to actually reduce by about 4.9%, season on season, using the same extension method as the above. Overall Ultra-fine (0.1 to 16.5 micron) testing is forecast to increase by around 500,000 kgs or around 4.3% this current season. Notes to the tables: * Figures are extracted from a micron figure only, and no quality assessment attached. * “Fleece” figures includes all fleece descriptions. * Kgs are greasy kilograms, * Sourced from AWTA Key test Data ULTRA-FINE PRODUCTION CONTINUES TO RISE MARKET INTELLIGENCE REPORT The latest figures from the Australian Wool Testing Authority Ltd (AWTA Ltd) Key Test Data shows an increase of wools tested this year finer than 15.5 micron. 2015/16 season Fleece Skirtings Cardings Total to Jan 2016 0 to 12.5u 300 kgs 0 0 300 kgs 12.6u – 13.5u 10,000 kgs 2,400 kgs 0 12,400 kgs 13.6u – 14 .5u 145,100 kgs 45,700 kgs 8,600 kgs 199,400 kgs 14.6u – 15.5u 1,192 ,900 kgs 426,300 kgs 96,600 kgs 1,715,800 kgs 15.6u – 16.5u 4,234,700 kgs 1,790,700 kgs 608,800 kgs 6,634,200 kgs TOTAL to Jan 2016 8,562,100 kgs 2014/15 season Fleece Skirtings Cardings TOTAL 0 to 12.5u 1,000 kgs 0 0 1,000 kgs 12.6u – 13.5u 17,400 kgs 4,700 kgs 800 kgs 22,900 kgs 13.6u – 14 .5u 99,500 kgs 29,200 kgs 13,000 kgs 141,700 kgs 14.6u – 15.5u 1,012,900 kgs 359,500 kgs 206,400 kgs 1,578,900 kgs 15.6u – 16.5u 6,048,900 kgs 2,468,000 kgs 1,363,000 kgs 9,879,900 kgs TOTAL 11,624,400 kgs 2013/14 season Fleece Skirtings Cardings TOTAL 0 to 12.5u 2,600 kgs 300 kgs 0 2,900 kgs 12.6u – 13.5u 12,400 kgs 3,500 kgs 400 kgs 16,300 kgs 13.6u – 14 .5u 122,700 kgs 35,100 kgs 14,600 kgs 172,500 kgs 14.6u – 15.5u 1,469,100 kgs 533,900 kgs 206,900 kgs 2,209,900 kgs 15.6u – 16.5u 6,832,800 kgs 2,906,300 kgs 1,414 ,700 kgs 11,153,900 kgs TOTAL 13,555,500 kgs AUSTRALIAN ULTRA FINE WOOL TESTED (IN KGS GREASY) The dotted line above the current season indicates a forecast figure for the current season (based on there being 5 months of the testing season left). 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 0 - 14.5u 14.6u - 15.5u 15.6u - 16.5u This season to date end Jan 2014/15 Full Season 2013/14 Full season
In the Shops - March 2016