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


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24 May 2019 - FROM THE ARCHIVES

More sharp falls in week 47

Following on from the large losses experienced during the previous week’s sales, the Australian wool market continued its sharp downward path in Week 47.

The Eastern Market Indicator (EMI) lost 60 cents for the series to close the week at 1,833 cents per kilogram clean, representing a fall of 119 cents (or 6%) over the last two weeks.

Buyer confidence was very low, with exporters trying to see at what point the market would settle, as prices opened lower and then continued to fall as the sale progressed (and due to a lack of quantity the Western region was reduced to a one‑day sale).

By the end of the first selling day prices had generally been discounted by 40 ‑ 60 cents, as the large reductions in price resulted in a passed in rate of 48.7% which combined with the 10% of wool withdrawn prior to sale, meant that only 41% of the original offering was sold to the trade.

There were positive signs on the second selling day in the Eastern centres, where only minimal price movements were felt.

The crossbred sector also suffered further large price reductions, with weak buyer demand resulting in 26.0 ‑ 32.0 micron generally falling by 50 ‑ 110 cents.

After hitting a record level three weeks ago, the Micron Price Guide (MPG) for 28.0 micron has fallen by 219 cents over the past two sales.

Looking to next week, there is currently 31,462 bales rostered for sale in Sydney, Melbourne and Fremantle, with the latter again a one‑day sale as dictated by quantities.

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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