Falklands : Falkland Wool Growers Report for Week Ending 31 December 2004
Submitted by Falkland Islands News Network (Juanita Brock) 03.01.2005 (Article Archived on 17.01.2005)

Find out what the wool market did last week.

Falkland Wool Growers Ltd

Craiglearan, Moniaive

Thornhill, Dumfriesshire  DG3  4JD

Tel:  01848 200 497   Fax:  01848 200 489

Email:  roberthall@falklandwoolgrowers.co.uk

Registered in Scotland No:  176228

 VAT Reg No:  699 5128 75

WOOL REPORT: for the week ending Friday 31^st December 2004

Auctions

There were no auctions this week.

Southern Hemisphere wool markets thus closed the calendar year of 2004 as follows:

The Australian Eastern Market Indicator was last quoted on 16^th December 2004 at 743 A cents; this is 32 cents (4.13 percent) lower than the opening level for January 2004 of 775 A cents.

In New Zealand, the Fine Indicator and Medium Indicators were last quoted at 949 NZ cents and 452 NZ cents respectively on 16^th December. The Fine Indicator dropped 79 cents (7.68 percent) on the year from an opening level of 1,028 cents whilst the Medium Indicator closed 95 cents (17.37%) lower from 547 NZ cents.  The Strong Indicator closed at 364 NZ cents and the Lamb Indicator closed at 359 NZ cents on 22^nd December.  The Strong Indicator has drifted 20 cents (5.21%) on the year from 584 NZ cents whilst the Lamb Indicator has also drifted 20 cents ((5.28%) in 2004 from 379 NZ cents.

The South African Overall Merino Indicator closed the year on 8^th December 2004 at 2,407 SA cents/kg clean which is 406 cents (14.43 percent) lower than the opening level for January 2004 of 2,813 SA cents/kg clean.

Falklands Competitions

A special thanks to all those who organised, helped with and entered both The Ram and Fleece Show and the Shearing Competition.  Congratulations to all the prize winners.

FWG Agency

Various pre-Christmas speciality Falklands enquiries are anticipated to develop in the New Year.

My thanks for all bale specifications received in the last fortnight.

All additional supplies of Falkland wool would be much welcomed by our speciality customers.

With Best Wishes for a Happy and Prosperous New Year

Robert & Diane

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