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


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31 October 2024

No market rise despite weakened AUD

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.

Archive

Indicators

Updated: Wednesday 30 October 2024  |  View historical data

Market Indicators

EMI
1125
-3
STHN
1100
-1
NTHN
1162
-7

Micron Price Guides

18m
1486
-21
18.5m
1419
-12
19m
1382
-3
19.5m
1347
-1
20m
1308
0
21m
1281
0
22m
23m
24m
25m
698
-4
26m
598
-1
28m
395
0
30m
345
+5
32m
307
+4
MC
671
0
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

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