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


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15 March 2024

Market dips on stronger Aussie dollar

The AWEX Eastern Market Indicator (EMI) fell by five cents overall in Week 37 to close at 1,167c/kg, with the market dipping largely due to the strengthening Australian dollar.

This came on the back of two weeks of successive price rises, and three without a fall.

There were no large falls, with many pockets recording increases, particularly in the North.

The movements in the individual Micron Price Guides (MPGs) for Merino fleece ranged between +13 and ‑29 cents.

The crossbred sector recorded minimal changes (with MPG movements between +2 and ‑5 cents), while the skirtings generally tracked the same as the fleece and oddments closed slightly higher.

As mentioned earlier, much of the market movements for the series can be attributed to currency movement, so much so that when viewed in US dollar terms, the market strengthened.

The EMI added nine US cents for the series, closing at 772 cents.

The largest improvements for the season so far have been in the broadest reported sector of the market.

In the South, the 30.0 micron MPG has gained 57 cents for the season, a 20.0 per cent rise.

The 32.0 micron MPG has added 50 cents, again an increase of 20 per cent.

Next week’s quantity offered to the trade is forecast to increase by over five thousand bales.

Archive

Indicators

Updated: Tuesday 19 March 2024  |  View historical data

Market Indicators

EMI
1151
-16
STHN
1124
-9
NTHN
1192
-25

Micron Price Guides

18m
1541
-17
18.5m
1461
-17
19m
1399
-27
19.5m
1365
-26
20m
1323
-13
21m
1312
-10
22m
1287
-9
23m
24m
25m
698
0
26m
525
-5
28m
357
0
30m
337
-5
32m
295
-5
MC
754
+12
NQ: Nominal Quote

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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