Market momentum persists ahead of Chinese New Year
The Australian wool market extended its winning streak this week, with the Eastern Market Indicator climbing 16¢ to finish at 1,693¢/kg ahead of next week’s Chinese New Year recess. With 37,301 bales offered and 35,417 sold, the passed-in rate this week was 5.1%. The Northern indicator rose 20¢ to 1,737¢/kg clean. For the fine merino […]
Wool market finds its footing
The Australian wool market recovered from the losses recorded in the previous series, with prices lifting across both selling days. The Eastern Market Indicator rose 12 cents to finish the week at 1,677 ¢/kg. With 38,736 bales offered and 37,466 bales sold, the passed-in rate was below average at just 3.3%, and the price improvement […]
Currency surge stalls market momentum
The market retracted this week, with the EMI dropping 24¢ to finish at 1,665 ¢/kg. Despite the sea of red ink across the guides, results remained largely in line with currency movements. Robust buyer demand comfortably absorbed the volume with 40,987 bales sold nationally and a passed-in rate of 6.0%. In the North, the indicator […]
Merino momentum holds the high ground
This week wool market continued its vigorous upward trajectory with the Eastern Market Indicator climbing 41¢ to finish the week at 1,689 ¢/kg. This result represents a lift of 148 ¢/kg since the start of the 2026 selling year for a year to date increase of 9.6%. Supply volumes rose, as 43,497 bales were offered […]
New year reset lifts wool market
The Australian wool market returned from the Christmas and New Year recess with a strong re-rating across all selling centres, as buyers returned from the break with renewed and spirited intent. The EMI lifted by 107ȼ for the week to close at 1,648ȼ/kg, while the Western Market Indicator rose by 131ȼ to finish at 1,846ȼ/kg. […]
Steady as she goes to wrap up 2025
The Australian wool market concluded the final sale week of 2025 in unspectacular fashion. The Eastern Market Indicator finished the week at 1541¢/kg, down 1¢, while the EMI in US dollar terms closed at 1021¢, down 3¢, with the Australian dollar finishing the week at 66.25 US¢. A total of 35,563 bales were sold nationally, […]
Wool prices warm as summer arrives
The market moved higher this week, with the Eastern Market Indicator gaining 17¢ to 1521¢/kg clean, while the Western Market Indicator lifted 11¢ to 1676¢. Supply eased to 35,335 bales offered and 33,532 sold, with a low 5.1% pass-in rate helping support prices. The Australian dollar hovered around US 65.8¢ during the week, and the […]
Firmer west offsets eastern softness
The market steadied this week after recent gains, with the Eastern Market Indicator easing 10¢ to 1504¢/kg clean. Fremantle was the only centre to gain, with the Western Market Indicator lifting 4¢ to 1665¢. Supply rose to 39,161 bales offered and 35,404 sold, with the pass-in rate at 9.6%, still well below the high pass-ins […]
Merino momentum marches on
The wool market had another wild week, with the EMI lifting 56¢ to close at 1514¢/kg clean, taking the 2-week rise to 95¢. Amid the volatility, the EMI is now 33.2% higher than the same week last year. The national offering totalled 31,796 bales, with a 3.6% pass-in rate and 30,663 bales sold, prompting strong […]
More green shoots for wool
The wool market posted strong results this week, marking two consecutive weeks in the green, with the Eastern Market Indicator rising 39c to 1458c. After a volatile October, the past fortnight has shown clear green shoots of renewed confidence, with buyer appetite returning as supply in key Merino combing categories tightens. Supply remained manageable at […]
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 […]