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‑ 60 cents, as the large reductions in price resulted in a passed in rate of 48.7% which combined with the 10% of wool withdrawn prior to sale, meant that only 41% of the original offering was sold to the trade.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 2020 to June 2021

M01

Week Commencing
29.06.20

Proceeds Due
10.07.20

M02

Week Commencing
6.07.20

Proceeds Due
17.07.20

Sale Recess

Week Commencing
13.07.20

Sale Recess

Week Commencing
20.07.20

Sale Recess

Week Commencing
27.07.20

M06

Week Commencing
3.08.20

Proceeds Due
14.08.20

M07

Week Commencing
10.08.20

Proceeds Due
21.08.20

M08

Week Commencing
17.08.20

Proceeds Due
28.08.20

M09

Week Commencing
24.08.20

Proceeds Due
4.09.20

M10

Week Commencing
31.08.20

Proceeds Due
11.09.20

M11

Week Commencing
7.09.20

Proceeds Due
18.09.20

M12

Week Commencing
14.09.20

Proceeds Due
25.09.20

M13

Week Commencing
21.09.20

Proceeds Due
2.10.20

M14

Week Commencing
28.09.20

Proceeds Due
9.10.20

M15

Week Commencing
5.10.20

Proceeds Due
16.10.20

M16

Week Commencing
12.10.20

Proceeds Due
23.10.20

M17

Week Commencing
19.10.20

Proceeds Due
30.10.20

M18

Week Commencing
26.10.20

Proceeds Due
6.11.20

M19

Week Commencing
2.11.20

Proceeds Due
13.11.20

M20

Week Commencing
9.11.20

Proceeds Due
20.11.20

M21

Week Commencing
16.11.20

Proceeds Due
27.11.20

M22

Week Commencing
23.11.20

Proceeds Due
4.12.20

M23

Week Commencing
30.11.20

Proceeds Due
11.12.20

M24

Week Commencing
7.12.20

Proceeds Due
18.12.20

M25

Week Commencing
14.12.20

Proceeds Due
24.12.20

Sale Recess

Week Commencing
21.12.20

Sale Recess

Week Commencing
28.12.20

Sale Recess

Week Commencing
4.01.21

M29

Week Commencing
11.01.21

Proceeds Due
22.01.21

M30

Week Commencing
18.01.21

Proceeds Due
29.01.21

M31

Week Commencing
25.01.21

Proceeds Due
5.02.21

M32

Week Commencing
1.02.21

Proceeds Due
12.02.21

M33

Week Commencing
8.02.21

Proceeds Due
19.02.21

M34

Week Commencing
15.02.21

Proceeds Due
26.02.21

M35

Week Commencing
22.02.21

Proceeds Due
5.03.21

M36

Week Commencing
1.03.21

Proceeds Due
12.03.21

M37

Week Commencing
8.03.21

Proceeds Due
19.03.21

M38

Week Commencing
15.03.21

Proceeds Due
26.03.21

M39

Week Commencing
22.03.21

Proceeds Due
1.04.21

M40

Week Commencing
29.03.21

Proceeds Due
9.04.21

Sale Recess

Week Commencing
5.04.21

M42

Week Commencing
12.04.21

Proceeds Due
23.04.21

M43

Week Commencing
19.04.21

Proceeds Due
30.04.21

M44

Week Commencing
26.04.21

Proceeds Due
7.05.21

M45

Week Commencing
3.05.21

Proceeds Due
14.05.21

M46

Week Commencing
10.05.21

Proceeds Due
21.05.21

M47

Week Commencing
17.05.21

Proceeds Due
28.05.21

M48

Week Commencing
24.05.21

Proceeds Due
4.06.21

M49

Week Commencing
31.05.21

Proceeds Due
11.06.21

M50

Week Commencing
7.06.21

Proceeds Due
18.06.21

M51

Week Commencing
14.06.21

Proceeds Due
25.06.21

M52

Week Commencing
21.06.21

Proceeds Due
2.07.21

M53

Week Commencing
28.06.21

Proceeds Due
9.07.21

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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