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


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16 August 2019 - FROM THE ARCHIVES

Further price falls in Week 7

After the large losses experienced last week, the Australian wool market has taken a further hit in Week 7.

The suspension of wool auctions in South Africa might have reduced the overall global supply but did little to bolster demand here in Australia, as the Eastern Market Indicator (EMI) lost a total of 163 cents to close the week at 1513 cents per kilogram clean.

The market opened with prices generally 100 cents below those from Week 6, and the lack of buyer confidence saw prices deteriorate further as the series progressed.

By the end of the first day, prices had generally fallen by 110 ‑ 140 cents as the EMI fell by 112 cents on the back of the losses.

The weakness continued on day two with the market unable to find a solid level, as buyers continued to lower their basis as the sale progressed.

The market downturn was met with very firm seller resistance, with 16.7 per cent of wool withdrawn prior to sale followed by a passed in rate of 35.8 per cent ‑ the highest figure since 2003.

The Western region has a one‑week recess next week, with only Sydney and Melbourne in operation as the national offering reduces to 33,696 bales.

Archive

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

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