Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.

Subscribe for More Insights

21 November 2024

Flat market but clearance remains high

The Australian wool market has recorded minimal price movements across Week 21, resulting in a small negative movement overall as the benchmark AWEX Eastern Market Indicator (EMI) finished the week five cents lower at 1,137c/kg.

The last 14 daily movements in the EMI have been by 10 cents or less, with 13 of the 14 by five cents or less.

Despite the flatness of the market, the clearance rate continues to be high as most sellers are prepared to accept the prices on offer.

This week’s clearance rate was 91.2 per cent, with just 8.8 per cent of wool failing to reach seller reserve.

High strength wool, typically measuring 40 NKT and above, continues to be in decline.

In this selling series, 27.7 per cent of the fleece offering recorded a strength of 40 NKT and above.

Another highly sought‑after wool characteristic by exporters is a low mid‑break in the Position of Break (POB) measurement.

Wools possessing very low mid‑breaks often have other faults overlooked, as buyers need these lots to achieve their desired averages.

In this sale, 54.4 per cent of Merino fleece wool had a mid‑break of 50 or less.

Season‑to‑date there has been 33.3 per cent of mid‑breaks 50 or less, 6.4 per cent lower than the corresponding sale of the previous season.

Fleece wool carrying less than 1.0 per cent vegetable matter is another desirable characteristic.

In this series 61.4 per cent of the fleece offering was free of nearly free (FNF) of vegetable matter.

Next week there is expected to be 34,494 bales on offer nationally.

Older

Archive

Indicators

Updated: Wednesday 20 November 2024 | View historical data

Market Indicators

EMI

1137

-2

STHN

1105

-4

NTHN

1186

+2

Micron Price Guides

18m

1502

0

18.5m

1442

-12

19m

1396

-1

19.5m

1364

-5

20m

1337

-1

21m

1312

-3

22m

1280

+2

23m

24m

25m

705

+3

26m

565

-14

28m

403

-2

30m

355

-7

32m

310

0

MC

671

-2

NQ: Nominal Quote

Selling Roster

July 2024 to June 2025

M01

Week Commencing
1.07.24

Proceeds Due
12.07.24

M02

Week Commencing
8.07.24

Proceeds Due
19.07.24

M03

Week Commencing
15.07.24

Proceeds Due
26.07.24

M04

Week Commencing
22.07.24

Proceeds Due
2.08.24

Sale Recess

Week Commencing
29.07.24

Sale Recess

Week Commencing
5.08.24

Sale Recess

Week Commencing
12.08.24

M08

Week Commencing
19.08.24

Proceeds Due
30.08.24

M09

Week Commencing
26.08.24

Proceeds Due
6.09.24

M10

Week Commencing
2.09.24

Proceeds Due
13.09.24

M11

Week Commencing
9.09.24

Proceeds Due
20.09.24

M12

Week Commencing
16.09.24

Proceeds Due
27.09.24

M13

Week Commencing
23.09.24

Proceeds Due
4.10.24

M14

Week Commencing
30.09.24

Proceeds Due
11.10.24

M15

Week Commencing
7.10.24

Proceeds Due
18.10.24

M16

Week Commencing
14.10.24

Proceeds Due
25.10.24

M17

Week Commencing
21.10.24

Proceeds Due
1.11.24

M18

Week Commencing
28.10.24

Proceeds Due
8.11.24

M19

Week Commencing
4.11.24

Proceeds Due
15.11.24

M20

Week Commencing
11.11.24

Proceeds Due
22.11.24

M21

Week Commencing
18.11.24

Proceeds Due
29.11.24

M22

Week Commencing
25.11.24

Proceeds Due
6.12.24

M23

Week Commencing
2.12.24

Proceeds Due
13.12.24

M24

Week Commencing
9.12.24

Proceeds Due
20.12.24

M25

Week Commencing
16.12.24

Proceeds Due
27.12.24

Sale Recess

Week Commencing
23.12.24

Sale Recess

Week Commencing
30.12.24

Sale Recess

Week Commencing
6.01.25

M29

Week Commencing
13.01.25

Proceeds Due
24.01.25

M30

Week Commencing
20.01.25

Proceeds Due
31.01.25

M31

Week Commencing
27.01.25

Proceeds Due
7.02.25

M32

Week Commencing
3.02.25

Proceeds Due
14.02.25

M33

Week Commencing
10.02.25

Proceeds Due
21.02.25

M34

Week Commencing
17.02.25

Proceeds Due
28.02.25

M35

Week Commencing
24.02.25

Proceeds Due
4.04.25

M36

Week Commencing
3.03.25

Proceeds Due
14.03.25

M37

Week Commencing
10.03.25

Proceeds Due
21.03.25

M38

Week Commencing
17.03.25

Proceeds Due
28.03.25

M39

Week Commencing
24.03.25

Proceeds Due
4.04.25

M40

Week Commencing
31.03.25

Proceeds Due
11.04.25

M41

Week Commencing
7.04.25

Proceeds Due
17.04.25

M42

Week Commencing
14.04.25

Proceeds Due
24.04.25

Sale Recess

Week Commencing
21.04.25

M44

Week Commencing
28.04.25

Proceeds Due
9.05.25

M45

Week Commencing
5.05.25

Proceeds Due
16.05.25

M46

Week Commencing
12.05.25

Proceeds Due
23.05.25

M47

Week Commencing
19.05.25

Proceeds Due
30.05.25

M48

Week Commencing
26.05.25

Proceeds Due
6.06.25

M49

Week Commencing
2.06.25

Proceeds Due
13.06.25

M50

Week Commencing
9.06.25

Proceeds Due
20.06.25

M51

Week Commencing
16.06.25

Proceeds Due
27.06.25

M52

Week Commencing
23.06.25

Proceeds Due
4.07.25

Classers Specification

Wool classers can let us know the details of the wool that they want us to sell by filling out our Classers Specification PDF form.