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


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16 May 2024

Market makes slight gain

The Australian wool market has bounced back after two successive weeks of falls, to record an overall increase this series, albeit by the barest of margins.

For the third week in a row, the national offering was below 40,000 bales, with a total of 35,436 available to trade.

Although the market improved as a whole, there were varied results across the two‑day sale.

On the first day, the movements in the Individual Micron Price Guides (MPGs) for Merino fleece ranged between –10 and +18 cents.

These movements, combined with varied results in the crossbred, skirting and oddment sections, resulted in a one cent loss in the AWEX Eastern Market Indicator (EMI).

The second day of sale was very similar, but with a slightly more positive tone.

Here, the MPG movements ranged between –3 and +22 cents, with 18 of the 26 published MPGs recording a positive movement, while three recorded a loss. On the day, the EMI rose by two cents.

Due to a stronger Australian dollar, the rise in the EMI when viewed in US dollar terms was better, with the EMI adding nine cents to close the week at 754 US cents.

Next week’s offering is again expected to be below 40,000 bales.

Currently, there are 39,404 bales on offer in Sydney, Melbourne and Fremantle, with Fremantle to be sold over one day (Tuesday) due to the limited amount of wool on offer.

Archive

Indicators

Updated: Wednesday 15 May 2024  |  View historical data

Market Indicators

EMI
1135
+2
STHN
1107
+2
NTHN
1177
+2

Micron Price Guides

18m
1504
+13
18.5m
1447
+8
19m
1392
+4
19.5m
1363
+13
20m
1345
+7
21m
1307
-3
22m
1305
-1
23m
1268
+6
24m
25m
699
+7
26m
505
0
28m
357
+7
30m
325
+7
32m
282
0
MC
722
-4
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.

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