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

1 June 2018 - FROM THE ARCHIVES

EMI bursts through 2000 cent benchmark

The extraordinary rise of the wool market continued this week, as expectations for the Eastern Market Indicator (EMI) to make history and break through the 2000 cents per kilogram clean benchmark were realised.

The EMI did it with ease, gaining 44 cents for the week to finish at 2027 cents per kilogram clean.

As with recent weeks, strong competition was received on the back of a lower national offering of 30,439 bales and the realisation that the Fremantle sale centre will not operate next week.

The Merino micron wool types once again led the way with gains of 36–81 cents clean for 17–23 micron, the 21–23 micron types increasing 61–81 cents for the week.

The very strong demand resulted in minor discounts for off types near overlooked as buyers endeavoured to cover orders and source supply.

The solid market trend flowed onto the skirtings market, with a limited supply of carding wool types also receiving benefit finishing the week out in sellers favour.

The crossbred wool types were somewhat irregular with the finer 24–28 micron categories showing gains of 24–57 cents clean, while the well prepared lots in the 30 micron and broader categories showed marginal gains with poorer types being less in favour.

In a time to remember, it will be interesting to see when the tide will turn as the trade struggles to meet supply for the overseas demand.

Dry seasonal conditions continual to batter many regional areas across Australia, with MLA recently reporting that the national lamb slaughter forecast is expected to increase by two per cent year‑on‑year and mutton slaughter to rise by four per cent on 2017 levels. This will surely affect the supply and wool cut for the 2018/19 season.

Next week’s national wool sale sees the offering drop below 30,000 bales to 27,270, with 57 per cent of this to be hosted by the Melbourne selling centre.

Archive

Selling Roster

July 2019 to June 2020

M1

Week Commencing
1.07.19

Proceeds Due
12.07.19

M2

Week Commencing
8.07.19

Proceeds Due
19.07.19

Sale Recess

Week Commencing
15.07.19

Sale Recess

Week Commencing
22.07.19

Sale Recess

Week Commencing
29.07.19

M6

Week Commencing
5.08.19

Proceeds Due
16.08.19

M7

Week Commencing
12.08.19

Proceeds Due
23.08.19

M8

Week Commencing
19.08.19

Proceeds Due
30.08.19

M9

Week Commencing
26.08.19

Proceeds Due
6.09.19

M10

Week Commencing
2.09.19

Proceeds Due
13.09.19

M11

Week Commencing
9.09.19

Proceeds Due
20.09.19

M12

Week Commencing
16.09.19

Proceeds Due
27.09.19

M13

Week Commencing
23.09.19

Proceeds Due
4.10.19

M14

Week Commencing
30.09.19

Proceeds Due
11.10.19

M15

Week Commencing
7.10.19

Proceeds Due
18.10.19

M16

Week Commencing
14.10.19

Proceeds Due
25.10.19

M17

Week Commencing
21.10.19

Proceeds Due
1.11.19

M18

Week Commencing
28.10.19

Proceeds Due
8.11.19

M19

Week Commencing
4.11.19

Proceeds Due
15.11.19

M20

Week Commencing
11.11.19

Proceeds Due
22.11.19

M21

Week Commencing
18.11.19

Proceeds Due
29.11.19

M22

Week Commencing
25.11.19

Proceeds Due
6.12.19

M23

Week Commencing
2.12.19

Proceeds Due
13.12.19

M24

Week Commencing
9.12.19

Proceeds Due
20.12.19

M25

Week Commencing
16.12.19

Proceeds Due
27.12.19

Sale Recess

Week Commencing
23.12.19

Sale Recess

Week Commencing
30.12.19

Sale Recess

Week Commencing
6.01.20

M29

Week Commencing
13.01.20

Proceeds Due
24.01.20

M30

Week Commencing
20.01.20

Proceeds Due
31.01.20

M31

Week Commencing
27.01.20

Proceeds Due
7.02.20

M32

Week Commencing
3.02.20

Proceeds Due
14.02.20

M33

Week Commencing
10.02.20

Proceeds Due
21.02.20

M34

Week Commencing
17.02.20

Proceeds Due
28.02.20

M35

Week Commencing
24.02.20

Proceeds Due
6.03.20

M36

Week Commencing
2.03.20

Proceeds Due
13.03.20

M37

Week Commencing
9.03.20

Proceeds Due
20.03.20

M38

Week Commencing
16.03.20

Proceeds Due
27.03.20

M39

Week Commencing
23.03.20

Proceeds Due
3.04.20

M40

Week Commencing
30.03.20

Proceeds Due
9.04.20

M41

Week Commencing
6.04.20

Proceeds Due
17.04.20

Sale Recess

Week Commencing
13.04.20

M43

Week Commencing
20.04.20

Proceeds Due
1.05.20

M44

Week Commencing
27.04.20

Proceeds Due
8.05.20

M45

Week Commencing
4.05.20

Proceeds Due
15.05.20

M46

Week Commencing
11.05.20

Proceeds Due
22.05.20

M47

Week Commencing
18.05.20

Proceeds Due
29.05.20

M48

Week Commencing
25.05.20

Proceeds Due
5.06.20

M49

Week Commencing
1.06.20

Proceeds Due
12.06.20

M50

Week Commencing
8.06.20

Proceeds Due
19.06.20

M51

Week Commencing
15.06.20

Proceeds Due
26.06.20

M52

Week Commencing
22.06.20

Proceeds Due
3.07.20

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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