Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
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Every week, Quality Wool Managing Director Mark Dyson brings you his summary of the week in wool.
The softer tone evident in the stand‑alone Melbourne sale at the end of Week 39 has carried into this week, with all sectors lower and the AWEX Eastern Market Indicator (EMI) losing 18 cents for the week to close at 1,300c/kg.
It was immediately apparent from the outset that the prices on offer were well below those achieved in the previous sales, particularly in Sydney and Fremantle, as these centres did not suffer the losses felt in Melbourne on Thursday last week.
The major falls were in the Merino fleece types and by the end of the day, the individual Micron Price Guides (MPGs) for Merino fleece had dropped by between
The only exception was the 17 and 17.5 micron MPGs in Melbourne, which were unchanged and +3 respectively.
These reductions were the impetus behind the EMI dropping by 12 cents for the day.
On the second day the market fell again, although the falls were relatively minimal.
The MPGs movements ranged between +5 and ‑18 cents, as the EMI lost another six cents.
In a familiar pattern, currency again played a large part in the market movements of this series.
A strengthening Australian dollar meant that when viewed in US dollar terms the market performed more robustly.
The EMI lost only three US cents for the series.
The last time the EMI was at this point was back in December.
The EMI is now 69 cents lower than where it sat in the corresponding sale of the 2022/23 season.
The market now heads into a one‑week recess.
Sales will resume in the week beginning Monday the 17th of April, with wool continuing to accumulate over the break.
Week 42 is expected to be a large sale, with there currently being over 54,000 bales forecast to be offered nationally.
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.