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

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8 December 2023

Market spike as exporters secure wool

Driven by strong increases in fine Merino fleece types and aided by currency movements, the Australian wool market has recorded an overall gain this week as the AWEX Eastern Market Indicator (EMI) added 11 cents overall to close at 1,177c/kg.

With only two selling weeks before the Christmas recess, exporters needing to finish orders knew that this sale was an important time to secure the wool they need, as the end of the year fast approaches.

In the Merino fleece types, in many cases wools possessing faults such as lower tensile strength or higher vegetable matter brought very similar money to wool free of these faults, as buyers fought hard to secure certain lots that suited their specific needs.

The largest gains were recorded in the finest microns, as strong widespread competition in these types helped to push prices higher.

These gains were reflected in the individual Micron Price Guides (MPGs) for 18.0 micron and finer, which added 14 ‑ 71 cents.

All Merino fleece MPGs rose, with only the 19.5‑micron MPG in the North bucking the trend, posting a seven‑cent loss.

The skirting sector tracked a similar path to the fleece, while the crossbred and oddment markets had an up and down series, where there was little overall change recorded.

Week 24 will host the final sale of the 2023 calendar year before the annual three‑week Christmas recess, with 50,550 bales expected to be on offer in Sydney, Fremantle and Melbourne, with the latter again requiring three selling days.

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Archive

Indicators

Updated: Thursday 7 December 2023 | View historical data

Market Indicators

EMI

1177

+3

STHN

1148

+6

NTHN

Micron Price Guides

18m

1632

+30

18.5m

1523

+4

19m

1456

+10

19.5m

1407

+4

20m

1364

+2

21m

1345

+5

22m

1336

+12

23m

24m

25m

736

+15

26m

530

+8

28m

345

0

30m

317

-3

32m

295

0

MC

679

+1

NQ: Nominal Quote

Selling Roster

July 2023 to June 2024

M01

Week Commencing
3.07.23

Proceeds Due
14.07.23

M02

Week Commencing
10.07.23

Proceeds Due
21.07.23

Sale Recess

Week Commencing
17.07.23

Sale Recess

Week Commencing
24.07.23

Sale Recess

Week Commencing
31.07.23

M06

Week Commencing
7.08.23

Proceeds Due
18.08.23

M07

Week Commencing
14.08.23

Proceeds Due
25.08.23

M08

Week Commencing
21.08.23

Proceeds Due
1.09.23

M09

Week Commencing
28.08.23

Proceeds Due
8.09.23

M10

Week Commencing
4.09.23

Proceeds Due
15.09.23

M11

Week Commencing
11.09.23

Proceeds Due
22.09.23

M12

Week Commencing
18.09.23

Proceeds Due
29.09.23

M13

Week Commencing
25.09.23

Proceeds Due
6.10.23

M14

Week Commencing
2.10.23

Proceeds Due
13.10.23

M15

Week Commencing
9.10.23

Proceeds Due
20.10.23

M16

Week Commencing
16.10.23

Proceeds Due
27.10.23

M17

Week Commencing
23.10.23

Proceeds Due
3.11.23

M18

Week Commencing
30.10.23

Proceeds Due
10.11.23

M19

Week Commencing
6.11.23

Proceeds Due
17.11.23

M20

Week Commencing
13.11.23

Proceeds Due
24.11.23

M21

Week Commencing
20.11.23

Proceeds Due
1.12.23

M22

Week Commencing
27.11.23

Proceeds Due
8.12.23

M23

Week Commencing
4.12.23

Proceeds Due
15.12.23

M24

Week Commencing
11.12.23

Proceeds Due
22.12.23

Sale Recess

Week Commencing
18.12.23

Sale Recess

Week Commencing
25.12.23

Sale Recess

Week Commencing
1.01.24

M28

Week Commencing
8.01.24

Proceeds Due
19.01.24

M29

Week Commencing
15.01.24

Proceeds Due
25.01.24

M30

Week Commencing
22.01.24

Proceeds Due
2.02.24

M31

Week Commencing
29.01.24

Proceeds Due
9.02.24

M32

Week Commencing
5.02.24

Proceeds Due
16.02.24

M33

Week Commencing
12.02.24

Proceeds Due
23.02.24

M34

Week Commencing
19.02.24

Proceeds Due
1.03.24

M35

Week Commencing
26.02.24

Proceeds Due
8.03.24

M36

Week Commencing
4.03.24

Proceeds Due
15.03.24

M37

Week Commencing
11.03.24

Proceeds Due
22.03.24

M38

Week Commencing
18.03.24

Proceeds Due
28.03.24

M39

Week Commencing
25.03.24

Proceeds Due
5.04.24

Sale Recess

Week Commencing
1.04.24

M41

Week Commencing
8.04.24

Proceeds Due
19.04.24

M42

Week Commencing
15.04.24

Proceeds Due
26.04.24

M43

Week Commencing
22.04.24

Proceeds Due
3.05.24

M44

Week Commencing
29.04.24

Proceeds Due
10.05.24

M45

Week Commencing
6.05.24

Proceeds Due
17.05.24

M46

Week Commencing
13.05.24

Proceeds Due
24.05.24

M47

Week Commencing
20.05.24

Proceeds Due
31.05.24

M48

Week Commencing
27.05.24

Proceeds Due
7.06.24

M49

Week Commencing
3.06.24

Proceeds Due
14.06.24

M50

Week Commencing
10.06.24

Proceeds Due
21.06.24

M51

Week Commencing
17.06.24

Proceeds Due
28.06.24

M52

Week Commencing
24.06.24

Proceeds Due
5.07.24

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.