The softer tone evident at the end of last week’s series, has carried into this week. After three weeks of successive rises, the Australian wool market has suffered losses this week. The falls on the final day of last week, prompted many sellers to remove their wool from sale, this resulted in 13.9% of the original offering being withdrawn, reducing the total amount of wool available to the trade to 37,432 bales. The market suffered the largest falls on the first day of selling. The individual Micron Price Guides (MPGs) in all three centres lost between 51 and 111 cents. On the back of these losses, the AWEX Eastern Market Indicator (EMI) lost 71 cents for the day, this equated to a 5.8% drop. The second day of selling the market settled, with only minimal price movements experienced. The MPGs across the country traded within 21 cents of the levels of the previous day (in both positive and negative territory). The EMI fell by a further 10 cents, closing the week at 1,138 cents, an overall loss of 81 cents, a 6.6% reduction. Worth noting, in a positive sign for the following week, on the final day the Fremantle fleece market (selling last), recorded price rises. The Western MPGs rose by 9 to 21 cents. As a result of these rises, the Western MPGs recorded the lowest overall losses for the week. After recording the largest rises in the previous week, this series the crossbreds suffered the largest losses (in percentage terms). The MPGs for 26.0 to 32.0 dropped by 36 to 80 cents. Due to a Public Holiday in Melbourne on Tuesday next week, wool sales have moved to Wed/Thurs selling for Week 19. This is to avoid any centre selling in isolation. There is currently 36,666 bales on offer in Melbourne, Fremantle and Sydney (which is a designated superfine sale).