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.
Driven by losses in the Merino sector, the Australian wool market has recorded an overall loss again in Week 38, with the AWEX Eastern Market Indicator (EMI) closing 15 cents lower at 1,152c/kg.
The majority of losses were recorded on the opening day of selling, with Merino fleece Micron Price Guides (MPGs) falling
The largest falls were in Sydney and Fremantle, as these centres were yet to realise the losses in the market recorded in the standalone Melbourne sale of Thursday last week.
This was the equal largest daily fall in the EMI this calendar year, and the largest fall since August last year, when the EMI fell by 24 cents.
The market settled on the second selling day, with a positive finish in the West where all MPGs posted rises.
Varied movements in the Eastern centres ended with a one cent daily rise in the EMI.
In contrast to the previous series, due to a strengthening Australian dollar, in USD terms the overall fall was larger.
The EMI lost 19 US cents for the series, closing at 753 cents, a 2.5 per cent fall.
The oddments have again defied the trend of the other sectors with strong interest, particularly in locks, helping to push the market higher.
Since the start of the calendar year, the three Merino Carding Indicators (MC) have recorded an average positive movement for nine out of eleven selling series.
The three regional MC opened the year at an average of 700 cents.
These indicators now average 741 cents, an increase of 5.9 per cent.
Next week’s national offering is forecast to rise to 49,814 bales.
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
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4.12.23
Proceeds Due
15.12.23
Week Commencing
11.12.23
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22.12.23
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18.12.23
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25.12.23
Week Commencing
1.01.24
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8.01.24
Proceeds Due
19.01.24
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15.01.24
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25.01.24
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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
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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.