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


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9 April 2020 - FROM THE ARCHIVES

Signs of recovery

The Australian wool market has shown signs of improvement in week 41, with overall increases recorded for all merino fleece types.

With 22% of the offering being withdrawn prior to sale as brokers encouraged only genuine sellers to enter the market, this had a two‑fold effect.

Firstly, it reduced the overall offering, increasing demand on the lots that remained.

Secondly, it increased buyer confidence as they realised the wool still in the sale was more likely to be sold.

The result was price increases across the country, with individual Micron Price Guides (MPGs) rising by 4 ‑70 cents.

On the back of this, the AWEX Eastern Market Indicator (EMI) increased by 14 cents for the week to close at 1301c/kg.

The inaugural Online Open‑Cry (OOC) auction using video conferencing tool Zoom was held in Sydney on the second day of selling, as suggested by the industry COVID‑19 working group as a contingency should restrictions escalate.

Some 61 lots were sold by two brokers before the start of the traditional Sydney auction, well supported by buyers.

Next week was originally scheduled for a one‑week Easter recess, however a decision was made by the National Auction Selling Committee (NASC) to roster a sale in this week (Week 42), to provide another selling opportunity for growers wanting to sell.

The national offering reduces to 21,523 bales and due to the small number of lots, only one‑day sales are required.

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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