Wool finds relief after a long month
The wool market found renewed life this week, with the Eastern Market Indicator (EMI) lifting 6¢ to 1419¢/kg, while in US dollar terms it slipped 9¢ to 924¢/kg. The stronger Australian dollar was the main factor behind the divergence, firming to US65¢ after Federal Reserve Chair Jerome Powell downplayed expectations of a December rate cut, […]
The wool unwind continues
The wool market eased again this week, marking a fourth consecutive week of decline, albeit at a slower rate than previous weeks, as the Eastern Market Indicator (EMI) fell 14¢ to 1413¢/kg clean. In US dollar terms, the EMI lifted 5¢ to 933¢ as the Australian dollar softened. The national offering totalled 33,535 bales, with […]
Soft sentiment and high supply test the market
The wool market softened again this week, with the Eastern Market Indicator falling 29¢ to finish at 1,427 ¢/kg clean. It was the third straight weekly decline following the strong rally through early spring, though the EMI remains 26 % or 296 ¢ higher year-on-year. A total of 29,404 bales were sold nationally, with 12.8 […]
Wool market slides across the board
The Australian wool market flashed red this week, with no positive indicators emerging across any selling centres. The Eastern Market Indicator fell 61¢ to 1456¢/kg clean, wiping out some of the gains made earlier in the season. The national pass-in rate remained high, with a rate of 24.6%, with Fremantle again recording the heaviest resistance […]
Market checks as larger offering tests buyer appetite
After an extended run of weekly increases, the wool market checked this week. With the Eastern Market Indicator slipping 48¢ to 1517¢/kg, as the market recorded its first decline since July. Even with the easing, the EMI remains around 33% higher than the same time last year. The Western Market Indicator also softened, falling 40¢ […]
Tight supply underscores wool’s ongoing surge
The wool market posted another remarkable lift this week, with the Eastern Market Indicator rising 112¢ to finish at 1,565¢/kg clean, up 7.7% on the previous week. This was the 5th largest weekly increase since reporting began, extending the rally to 11 consecutive weeks and lifting the EMI by 358¢ over that period. Year-on-year, the […]
Red hot week in wool
Wow, what a week in wool. Triple-digit gains across fine Merino categories drove the Eastern Market Indicator (EMI) up 109 cents to 1,453 c/kg clean. That’s the largest weekly rise in six years. With just 29,248 bales sold and almost complete clearances in Sydney and Fremantle, and with a national pass-in rate of 1.8%, the […]
Market maintains the momentum
Wool prices extended their rally this week, with the EMI lifting 25¢ to finish at 1344¢/kg clean, its highest level since March 2023 and 22.4% higher year-on-year. The momentum in pricing is a welcome change for producers after the consistent easing that marked the recent low point in the wool cycle. A total of 28,788 […]
Wool keeps on climbing
The wool market notched its eighth consecutive weekly rise, with the Eastern Market Indicator (EMI) lifting 28¢ to 1319¢/kg clean. This takes the EMI to its highest level since March 2023 and 20% higher than the same time last year. A total of 26,828 bales were sold nationally, with the pass-in rate falling to 2.6%, […]
Wool’s win streak continues to the 7th week
The wool market extended its early-season rally this week, with the EMI rising 30¢ to 1,291¢/kg clean. In US dollar terms, the benchmark added 24¢, sitting 200¢ above the same week last year. The national catalogue was just 29,594 bales, with 27,583 sold and only 2.8% passed in, highlighting strong competition in a market constrained […]
Wool market rally stretches to six weeks
The Australian wool market posted a sixth consecutive weekly rise, continuing the strong start to the 2025–26 season. The Eastern Market Indicator lifted 14¢ to 1,261¢. In US dollar terms, the EMI also rose 14¢ to 818, showing the gains were not simply currency driven. The pass-in rate fell to 5.4% from a national offering […]
Wool rallies on recess return
The Australian wool market opened the first week back after the winter recess on a firmer footing, with the Eastern Market Indicator (EMI) finishing 8c higher at 1,247 c/kg. A total of 38,453 bales were sold nationally from an offering of 41,303, with just 6.9% passed in. Demand was strong across all centres, with Sydney […]