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.
The Australian wool market is limping toward the end of the 2022/23 season, recording another overall loss to the AWEX Eastern Market Indicator (EMI) of 35 cents to close at 1,139c/kg, in what was the seventh consecutive week of losses.
With no Fremantle sale again this week the national quantity fell to just 28,484 bales, the smallest sale since September.
Buyer sentiment was again weak from the outset, which translated into price reductions across all Merino fleece types.
On the first day the market opened lower and then progressively deteriorated.
By day’s end, the Individual Micron Price Guides (MPGs) for Merino fleece had dropped by
The EMI fell by 25 cents, with only a generally unchanged crossbred market and limited movements in the skirtings and oddments preventing a larger fall.
The losses continued into the second day but at a more subdued rate, with some micron pockets recording no change or small increases.
Movements in Merino fleece MPGs ranged between +10 and ‑55 cents for the day.
The skirtings tracked a similar path to the fleece, while the oddments and crossbreds recorded little change.
The net result was a 10 cent drop in the EMI, which is now at its lowest point since the beginning of December 2020, when it was at 1,133 cents.
Currency played virtually no part in this week’s falls. The EMI lost three per cent when viewed in both Australian and US currencies.
Fremantle returns next week for the final sale of the 2022/23 season, pushing the quantity higher.
Currently, there is expected to be 49,496 bales on offer, if this quantity eventuates, this will be the largest offering since April.
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.