Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
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Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
The Australian wool market has recorded another small overall loss for the third consecutive week, with the AWEX Eastern Market Indicator (EMI) dropping six cents overall to close at 1,125c/kg.
When the market opened, it was immediately apparent that the lower AUD was not going to have the expected impact on prices (many predicted a stronger market), instead losses were generally recorded with wool 18.5 micron and finer most affected.
Across the country, Merino fleece Micron Price Guide (MPG) movements ranged between +2 and ‑33 cents.
The EMI dropped by three cents for the day, with small rises in the crossbred sector preventing a larger fall.
The second day was similar to the first, with Merino fleece MPG movements ranging between +2 and ‑21 cents as the EMI dropped another three cents, noting small increases in the crossbred sector again.
This three‑cent drop in the EMI was the sixth consecutive daily fall, although no fall has been larger than four cents.
Since the close of the previous series the AUD has dropped sharply compared to the USD, currently trading at 65.42 US cents, a fall of 1.34 cents.
Due to this fall, when viewed in USD terms, the fall in the EMI was greater.
The EMI fell by 19 US cents for the week, closing at 736 cents, a reduction of 2.5 per cent (the largest since January).
Next week sees Sydney and Fremantle sell on Tuesday and Wednesday, while Melbourne will sell Wednesday and Thursday to accommodate a Tuesday Public Holiday.
Updated: Wednesday 30 October 2024 | View historical data
Market Indicators
Micron Price Guides
July 2024 to June 2025
Week Commencing
1.07.24
Proceeds Due
12.07.24
Week Commencing
8.07.24
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19.07.24
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15.07.24
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26.07.24
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22.07.24
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2.08.24
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29.07.24
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5.08.24
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12.08.24
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19.08.24
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30.08.24
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26.08.24
Proceeds Due
6.09.24
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2.09.24
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13.09.24
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9.09.24
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20.09.24
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16.09.24
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27.09.24
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23.09.24
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4.10.24
Week Commencing
30.09.24
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11.10.24
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7.10.24
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18.10.24
Week Commencing
14.10.24
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25.10.24
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21.10.24
Proceeds Due
1.11.24
Week Commencing
28.10.24
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8.11.24
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4.11.24
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15.11.24
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11.11.24
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22.11.24
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18.11.24
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29.11.24
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25.11.24
Proceeds Due
6.12.24
Week Commencing
2.12.24
Proceeds Due
13.12.24
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9.12.24
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20.12.24
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16.12.24
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27.12.24
Week Commencing
23.12.24
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30.12.24
Week Commencing
6.01.25
Week Commencing
13.01.25
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24.01.25
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20.01.25
Proceeds Due
31.01.25
Week Commencing
27.01.25
Proceeds Due
7.02.25
Week Commencing
3.02.25
Proceeds Due
14.02.25
Week Commencing
10.02.25
Proceeds Due
21.02.25
Week Commencing
17.02.25
Proceeds Due
28.02.25
Week Commencing
24.02.25
Proceeds Due
4.04.25
Week Commencing
3.03.25
Proceeds Due
14.03.25
Week Commencing
10.03.25
Proceeds Due
21.03.25
Week Commencing
17.03.25
Proceeds Due
28.03.25
Week Commencing
24.03.25
Proceeds Due
4.04.25
Week Commencing
31.03.25
Proceeds Due
11.04.25
Week Commencing
7.04.25
Proceeds Due
17.04.25
Week Commencing
14.04.25
Proceeds Due
24.04.25
Week Commencing
21.04.25
Week Commencing
28.04.25
Proceeds Due
9.05.25
Week Commencing
5.05.25
Proceeds Due
16.05.25
Week Commencing
12.05.25
Proceeds Due
23.05.25
Week Commencing
19.05.25
Proceeds Due
30.05.25
Week Commencing
26.05.25
Proceeds Due
6.06.25
Week Commencing
2.06.25
Proceeds Due
13.06.25
Week Commencing
9.06.25
Proceeds Due
20.06.25
Week Commencing
16.06.25
Proceeds Due
27.06.25
Week Commencing
23.06.25
Proceeds Due
4.07.25
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.