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


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4 October 2019 - FROM THE ARCHIVES

Upward trend can’t be maintained

Three weeks of sharp upward movement couldn’t be maintained by the Australian wool market this week, which retreated back to negative territory.

While the price spike of the previous three weeks encouraged more sellers to the market with an increased overall quantity of 37,021 bales on offer, the Eastern Market Indicator (EMI) lost a total of 98 cents for the week to close at 1,511 cents per kilogram clean.

The sharp drop in price was met with firm seller resistance, resulting in a national passed in rate of 33.9%.

The final day losses from Fremantle last week were quickly realised in the East when markets opened, and by the end of the first day individual Micron Price Guides (MPGs) in Sydney and Melbourne had fallen by 57 – 80 cents and the EMI by 51 cents.

Having recorded earlier losses, the MPGs in the Fremantle region only fell by 30 – 36 cents.

The second selling day saw the market continue to track downward, with MPGs across all three centres falling by a further 32 – 93 cents and the EMI down by another 47 cents.

The only sector to make positive movement for the week was the cardings, with modest price increases pushing the three carding indicators up by an average of four cents.

This week’s price reductions have left many sellers uncertain, and as a result the national offering for next week reduces to 34,174 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

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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