Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
Subscribe for More Insights
Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
In the final sale before the mid‑year recess, the Australian wool market has recorded an overall loss for the third consecutive week, with the Eastern Market Indicator (EMI) losing 19 cents to close at 1,388c/kg.
Combined with last sale, the first two weeks of the season offered 104,070 bales which made it the largest opening fortnight to a wool selling season in 18 years.
Although the wool on offer received good overall buyer support, the prices being achieved steadily declined over the first two days of selling.
Main buyer support continued to be in the good style, higher yielding types, particularly those possessing favourable additional measurement results.
These types were the least affected by the falling market, as opposed to the lesser style types.
The falls in the Merino fleece, combined with losses in the skirtings, crossbred and oddment sectors pushed the EMI down by 20 cents on the first day and then by a further six cents on the second, although it does go into the three‑week recess on a positive note after rising seven cents on the final day.
It was a Melbourne‑only roster on Thursday and the rise snapped a six‑day losing streak, the longest in almost four months.
There continues to be very strong interest in some specialty non‑mulesed types, and buyers are prepared to pay large premiums to secure these wools.
An example of this was a line of 20.2 micron wool which sold for 1,774 cents clean, attracting a premium of over 330 cents as similar type and spec mulesed lots were selling for around 1,430 cents.
The market pauses from next week for the annual mid‑year, three‑week recess.
Sales will resume in Week 6, beginning Monday the 8th of August.
July 2023 to June 2024
Week Commencing
3.07.23
Proceeds Due
14.07.23
Week Commencing
10.07.23
Proceeds Due
21.07.23
Week Commencing
17.07.23
Week Commencing
24.07.23
Week Commencing
31.07.23
Week Commencing
7.08.23
Proceeds Due
18.08.23
Week Commencing
14.08.23
Proceeds Due
25.08.23
Week Commencing
21.08.23
Proceeds Due
1.09.23
Week Commencing
28.08.23
Proceeds Due
8.09.23
Week Commencing
4.09.23
Proceeds Due
15.09.23
Week Commencing
11.09.23
Proceeds Due
22.09.23
Week Commencing
18.09.23
Proceeds Due
29.09.23
Week Commencing
25.09.23
Proceeds Due
6.10.23
Week Commencing
2.10.23
Proceeds Due
13.10.23
Week Commencing
9.10.23
Proceeds Due
20.10.23
Week Commencing
16.10.23
Proceeds Due
27.10.23
Week Commencing
23.10.23
Proceeds Due
3.11.23
Week Commencing
30.10.23
Proceeds Due
10.11.23
Week Commencing
6.11.23
Proceeds Due
17.11.23
Week Commencing
13.11.23
Proceeds Due
24.11.23
Week Commencing
20.11.23
Proceeds Due
1.12.23
Week Commencing
27.11.23
Proceeds Due
8.12.23
Week Commencing
4.12.23
Proceeds Due
15.12.23
Week Commencing
11.12.23
Proceeds Due
22.12.23
Week Commencing
18.12.23
Week Commencing
25.12.23
Week Commencing
1.01.24
Week Commencing
8.01.24
Proceeds Due
19.01.24
Week Commencing
15.01.24
Proceeds Due
25.01.24
Week Commencing
22.01.24
Proceeds Due
2.02.24
Week Commencing
29.01.24
Proceeds Due
9.02.24
Week Commencing
5.02.24
Proceeds Due
16.02.24
Week Commencing
12.02.24
Proceeds Due
23.02.24
Week Commencing
19.02.24
Proceeds Due
1.03.24
Week Commencing
26.02.24
Proceeds Due
8.03.24
Week Commencing
4.03.24
Proceeds Due
15.03.24
Week Commencing
11.03.24
Proceeds Due
22.03.24
Week Commencing
18.03.24
Proceeds Due
28.03.24
Week Commencing
25.03.24
Proceeds Due
5.04.24
Week Commencing
1.04.24
Week Commencing
8.04.24
Proceeds Due
19.04.24
Week Commencing
15.04.24
Proceeds Due
26.04.24
Week Commencing
22.04.24
Proceeds Due
3.05.24
Week Commencing
29.04.24
Proceeds Due
10.05.24
Week Commencing
6.05.24
Proceeds Due
17.05.24
Week Commencing
13.05.24
Proceeds Due
24.05.24
Week Commencing
20.05.24
Proceeds Due
31.05.24
Week Commencing
27.05.24
Proceeds Due
7.06.24
Week Commencing
3.06.24
Proceeds Due
14.06.24
Week Commencing
10.06.24
Proceeds Due
21.06.24
Week Commencing
17.06.24
Proceeds Due
28.06.24
Week Commencing
24.06.24
Proceeds Due
5.07.24
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.