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.
On opening this week, the wool market maintained its pre‑recess momentum with further gains across all Merino micron categories, as the Eastern Market Indicator (EMI) burst through the 1800 cent barrier to finish at 1818 cents per kilogram clean (an increase of 58 cents clean, representing the fourth consecutive sale week of solid increases).
The three‑week Christmas break, along with a dearer Australian dollar trading at low‑to‑mid 78 US cents, was not enough to deter the strong competition on the Merino wool categories.
Melbourne’s opening market on Tuesday saw solid gains in the finer 16‑17 micron range of 25‑42 cents clean, with modest gains of 3‑21 cents clean in the 18‑24 micron range.
As the week progressed, values increased into new territory with further gains of 32‑79 cents clean for all the Merino fleece types, with skirtings and carding types also setting a similar trend.
The final day’s trade saw the market consolidate marginally, with buyers tending to concentrate on the better‑style, well‑measured wools.
The crossbred wool categories didn’t enjoy the same increases as the Merino types, but did manage to make some moderate gains of 20‑30 cents clean by week’s end, with the finer, better‑prepared lots receiving best trade interest.
All up, it was a strong opening to 2018 with new pricing levels set across most Merino micron types.
The open market confidence has reflected onto the forward market pricing, with good indications out to April 2018.
Next week’s national wool offering consists of 54,250 bales, with the Melbourne selling centre hosting 29,659 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
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
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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
Proceeds Due
25.01.24
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22.01.24
Proceeds Due
2.02.24
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29.01.24
Proceeds Due
9.02.24
Week Commencing
5.02.24
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16.02.24
Week Commencing
12.02.24
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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.