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

7 May 2020 - FROM THE ARCHIVES

Reduced offering can't halt slide

Not even a reduced offering of 25,338 bales could stop prices from falling across the country in Week 45, as the Australian wool market continued to deteriorate.

Despite 11 per cent of the national offering being withdrawn prior to sale, buyer demand on the large number of lesser style wools on the market waned as the sale progressed, resulting in continual price reductions.

Individual Micron Price Guides (MPGs) across the country fell by 21 ‑ 87 cents, with the Eastern Market Indicator (EMI) subsequently losing 55 cents for the week to close 1,170c/kg ‑ its lowest point since 2015.

When viewed in USD terms the EMI dropped 48 cents, falling to 753 US cents ‑ the lowest the EMI has been in USD terms in nearly 10 years.

To paint an overall picture of the Australian wool market since shutdowns and restrictions were first enforced in Week 38, over 250 million dollars' worth of wool have still been transferred from Australian growers to overseas exporters.

It’s a testament to the resilience of our industry that sales have still continued to operate despite the circumstances.

Next week’s national offering increases slightly to 25,660 bales, with Sydney and Fremantle both having one‑day sales (Sydney selling Tuesday and Fremantle selling Wednesday) in a move designed to avoid Melbourne selling in isolation.

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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