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


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24 August 2023 - FROM THE ARCHIVES

Market drop on Merino prices

The Australian wool market has continued to decline, falling for the third consecutive week as the AWEX Eastern Market Indicator (EMI) closed 36 cents lower at 1,127 cents.

The overall drop in the market was driven by falls in Merino fleece prices.

As the market opened, the prices on offer for these types were noticeably lower than the previous week, what then followed was a steady decrease as the sale progressed.

By the end of the first day, the individual Micron Price Guides (MPGs) for Merino fleece had dropped by between 14 ‑ 75 cents.

The EMI fell by 24 cents for the day, with relatively small movements in the other sectors preventing a larger fall.

The second day the falls continued, but to a lesser extent, although the pattern was similar, with a soft opening followed by a slow but continual decline.

The Merino fleece MPGs lost between 11 ‑ 35 cents for the day, while the EMI dropped another 12 cents, with the movement again softened by small movements in the skirtings, crossbreds and oddments.

The EMI is now at its lowest point since June and 215 cents below the same time last year, a reduction of 16 per cent.

One positive for the week was the broader crossbred types, which defied the overall trend posting gains of between 7 ‑ 13 cents.

Fremantle resumes selling next week, with all three centres now in weekly operation until the Christmas recess.

With the return of the West, the national offering has been bolstered, currently there is expected to be 48,653 bales on offer.

Archive

Selling Roster

July 2023 to June 2024

M01

Week Commencing
3.07.23

Proceeds Due
14.07.23

M02

Week Commencing
10.07.23

Proceeds Due
21.07.23

Sale Recess

Week Commencing
17.07.23

Sale Recess

Week Commencing
24.07.23

Sale Recess

Week Commencing
31.07.23

M06

Week Commencing
7.08.23

Proceeds Due
18.08.23

M07

Week Commencing
14.08.23

Proceeds Due
25.08.23

M08

Week Commencing
21.08.23

Proceeds Due
1.09.23

M09

Week Commencing
28.08.23

Proceeds Due
8.09.23

M10

Week Commencing
4.09.23

Proceeds Due
15.09.23

M11

Week Commencing
11.09.23

Proceeds Due
22.09.23

M12

Week Commencing
18.09.23

Proceeds Due
29.09.23

M13

Week Commencing
25.09.23

Proceeds Due
6.10.23

M14

Week Commencing
2.10.23

Proceeds Due
13.10.23

M15

Week Commencing
9.10.23

Proceeds Due
20.10.23

M16

Week Commencing
16.10.23

Proceeds Due
27.10.23

M17

Week Commencing
23.10.23

Proceeds Due
3.11.23

M18

Week Commencing
30.10.23

Proceeds Due
10.11.23

M19

Week Commencing
6.11.23

Proceeds Due
17.11.23

M20

Week Commencing
13.11.23

Proceeds Due
24.11.23

M21

Week Commencing
20.11.23

Proceeds Due
1.12.23

M22

Week Commencing
27.11.23

Proceeds Due
8.12.23

M23

Week Commencing
4.12.23

Proceeds Due
15.12.23

M24

Week Commencing
11.12.23

Proceeds Due
22.12.23

Sale Recess

Week Commencing
18.12.23

Sale Recess

Week Commencing
25.12.23

Sale Recess

Week Commencing
1.01.24

M28

Week Commencing
8.01.24

Proceeds Due
19.01.24

M29

Week Commencing
15.01.24

Proceeds Due
25.01.24

M30

Week Commencing
22.01.24

Proceeds Due
2.02.24

M31

Week Commencing
29.01.24

Proceeds Due
9.02.24

M32

Week Commencing
5.02.24

Proceeds Due
16.02.24

M33

Week Commencing
12.02.24

Proceeds Due
23.02.24

M34

Week Commencing
19.02.24

Proceeds Due
1.03.24

M35

Week Commencing
26.02.24

Proceeds Due
8.03.24

M36

Week Commencing
4.03.24

Proceeds Due
15.03.24

M37

Week Commencing
11.03.24

Proceeds Due
22.03.24

M38

Week Commencing
18.03.24

Proceeds Due
28.03.24

M39

Week Commencing
25.03.24

Proceeds Due
5.04.24

Sale Recess

Week Commencing
1.04.24

M41

Week Commencing
8.04.24

Proceeds Due
19.04.24

M42

Week Commencing
15.04.24

Proceeds Due
26.04.24

M43

Week Commencing
22.04.24

Proceeds Due
3.05.24

M44

Week Commencing
29.04.24

Proceeds Due
10.05.24

M45

Week Commencing
6.05.24

Proceeds Due
17.05.24

M46

Week Commencing
13.05.24

Proceeds Due
24.05.24

M47

Week Commencing
20.05.24

Proceeds Due
31.05.24

M48

Week Commencing
27.05.24

Proceeds Due
7.06.24

M49

Week Commencing
3.06.24

Proceeds Due
14.06.24

M50

Week Commencing
10.06.24

Proceeds Due
21.06.24

M51

Week Commencing
17.06.24

Proceeds Due
28.06.24

M52

Week Commencing
24.06.24

Proceeds Due
5.07.24

Classers Specification

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