Volumes remain modest, but dollar help could be on the way?
The wool market has maintained its steady start to the new selling season, posting its second consecutive weekly rise. The Eastern Market Indicator (EMI) closed 4 cents higher at 1212 cents per kilogram. Volumes remained modest, with 29,275 bales offered nationally, of which 26,943 found buyers. The national pass-in rate edged up slightly to 8.0 […]
Slow and steady start to the new season
The Australian wool market opened the 2025/26 season on a steady note, with the Eastern Market Indicator (EMI) rising 1 cent to close at 1,208 cents per kilogram. While the opening sale is typically one of the largest of the year, as growers look to sell into the new financial year, this season was different. […]
Wool wraps up without a bang
In a fitting end to a season marked by volatility and tight supply, the wool market held firm in the final sale of the 2024–25 season. The Eastern Market Indicator (EMI) closed unchanged at 1,207 cents per kilogram, providing a steady close despite global trade tensions. This week’s offering reached 29,848 bales, with a low […]
Late-season strength lifts prices
The wool market strengthened in the penultimate sale of the season, with the Eastern Market Indicator (EMI) rising by 10 cents to close at 1,207 cents per kg. Despite the smallest weekly national offering of the season at 20,756 bales, competitive bidding led to widespread price gains and a low pass-in rate of 5.4%. Only […]
Fine wool slips, broader types soften
The wool market edged lower this week, with the EMI falling 2¢ to 1,197¢/kg, in what proved to be a tale of three markets in a shortened week. With Fremantle returning to the selling program, the national offering rose by 6,076 bales compared to the previous week. There were 28,882 bales available to the trade […]
Crossbreds outshine merino in tight week
Despite early buyer interest in the reduced supply, softer demand for finer Merino weighed on the market, while the crossbreds and courser segments showed resilience. The wool market eased this week, with the Eastern Market Indicator (EMI) slipping 5 cents to 1199 c/kg. Fremantle’s absence left Sydney and Melbourne to trade a lean 22,806 bales, […]
Quiet week as winter approaches
The wool market posted a modest gain this week, with the Eastern Market Indicator (EMI) rising one cent to close at 1,204 cents per kilogram. The Northern Indicator rose four cents to 1,241 cents, and the Western Market Indicator added two cents to finish at 1,366 cents. The Southern market indicator remained unchanged at 1,180 […]
Shear relief as wool turns bullish
The Australian wool market found its footing this week, with the Eastern Market Indicator (EMI) posting a solid 14-cent gain to close at 1,203 cents per kilogram. This marked the first meaningful recovery after four consecutive weeks of declines. With a pass-in rate of 8.9% and just 27,169 bales offered nationally, this week’s offering was […]
Volume light, demand tight, and a flat EMI
The Australian wool market stabilised this week, with the Eastern Market Indicator (EMI) down just 1 cent to 1,189 c/kg, despite currency swings impacting USD values. Offerings rose to 30,931 bales, with a pass-in rate of 8.9%. Season-to-date auction volumes total 1,410,070 bales, down 13.8% (226,420 bales) from last season, reflecting lower supply. Despite a […]
Wool dips as quality slips
The Australian wool market softened this week as a firmer Australian dollar and a sharp decline in wool quality weighed on buyer sentiment. The Eastern Market Indicator (EMI) fell 19¢ to 1,191¢/kg, with all three selling centres recording losses. The national pass-in rate rose to 14.2%, despite a reduced offering of just 28,508 bales—the second […]
Buyers return cautiously
The Australian wool market resumed after the Easter recess with a cautious tone, as softer buyer demand persisted. With 40,295 bales available to trade and the AUD gaining 0.65% against the USD, market sentiment remained subdued, with 33,922 bales sold by the end of the week. This was mirrored in the Eastern Market Indicator (EMI), […]
A tale of two currencies in the wool market
This week’s wool market performance was a delicate balancing act, teetering between currency-driven gains and international headwinds. The Eastern Market Indicator (EMI) closed at 1,262¢, a modest 13¢ rise in local terms from the previous week. However, when converted to US dollars, the USD-EMI dropped by 34¢ to 753¢, a 4.3% drop. Despite these market […]
