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.
After weeks of solid gains, the wool market consolidated this week in Australian dollar terms with the Eastern Market Indicator (EMI) finding ground at 1801 cents per kilogram clean, easing 17 cents for the week with the Merino carding indicator falling by 58 cents clean to level out at 1501c/kg clean.
Recent increases in wool values to record levels resulted in an increased supply on the market this week, with the national offering being just over 54,250 bales.
Initially, the market opened up where it left off last week with marginal gains across most Merino micron categories of 3‑16 cents clean, with the finer 16‑17 micron range increasing up to 40 cents clean.
As the week progressed and the dollar increased towards US 80 cents, values for most micron categories eased as the trade became selective, tending to favour the better measured wools.
By week’s end, values had eased by 5‑41 cents clean with the medium‑to‑strong Merino types mostly affected along with the finer crossbred types which reduced by 12‑41 cents clean.
The shining light for the week was the 16‑17 micron range, which recorded a modest gain of 16‑40 cents clean.
Skirtings tendered to follow a similar trend with the finer, lower VM types least affected. The carding types were not immune from the easing trend as locks, crutchings and stains fell by up to 45 cents clean by the finish of the final day’s selling.
Despite the correction in the market, all Merino micron categories are still trading in the 100th percentile band over the past five years and in reality, in US dollar terms the market showed little change on the previous week.
Next week sees a reduction in the national wool offering to 43,297 bales, with Melbourne hosting 25,154 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
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.