Price stable as offering declines
A lower bale offering helped the Australian wool market set a very modest overall price rise, with the Eastern Market Indicator (EMI) up by 1¢ in AUD terms after a month of downward momentum. Supply was down this week, with the bale offering decreasing by 11% week on week to 26,235 bales. With some relief […]
Sellers unwilling to part with wool at current market
This week prices fell in the Australian wool market and pass in rates remain high as volumes have been slowly creeping back up to 30,000 bales. Sellers remain patient and less willing to part with wool at current pricing and most Micron Price Guides (MPG’s) fell as a result. The Australian Dollar depreciated 1.9% to […]
Small dip in price on higher offering
This week the Australian wool market saw an overall decline in prices as losses in medium merino and crossbred wool outpaced gains in fine merino and cardings. The Eastern Market Indicator (EMI) was down 12¢ in to 1845¢ in Australian dollar (AUD) terms and down by 13¢ to 1310¢ in United States Dollar (USD) terms. […]
Offerings still lagging, but prices sensitive to change
An uptick in volumes offered contributed to a decline in prices this week at Australian wool auctions. Despite volumes still lagging behind last years norms, the market currently remains in a delicate place for buyers and sellers. The Eastern Market Indicator fell by 21¢ to 1857¢ in AUD terms while falling by 34¢ to 1323¢ […]
Rising AUD puts pressure on wool buyers
The rising Australian dollar (AUD) this week worked against overseas wool buyers by raising the cost of wool purchased in AUD. This comes despite a continued low wool offering which had maintained buyers’ attention over the past few weeks. Gains made in the AUD/USD exchange rate, which was up by 1.2% to 0.722¢ kept the […]
Buyers keen on another low offering
This week the bale offering remained subdued with buyers keen to secure the wool on offer at elevated prices. The Eastern Market Indicator (EMI) rose by 37¢ to 1890¢ (AUD) this week, with substantial increases of more than 73¢ for the finer end of the spectrum, 16.5 and 17 MPG. The bale offering increased by […]
Market jumps on low offering
This week the wool market saw an upward price correction following a big fall the week prior. Buyers scrambled to get their hands on stock as the bale offering fell to 23,651 – which according to AWEX is the lowest offering involving all three-selling centres since the 17th of April 2020, which was heavily affected […]
Big fall after recess
In the first week back after the three-week mid-year recess, buyers still weren’t ready to meet sellers’ expectations with the Eastern Market Indicator (EMI) exhibiting its steepest weekly decline since October 2020, a drop of 61¢ 1812¢. The bale offering grew by 18% compared to the last sale week prior to recess to 37,702 and […]
Sellers hold on as we reach recess
In the last sale before the three-week mid-year recess, bids were not able reach seller expectations or hopes as the pass in rate jumped and the Eastern Market Indicator (EMI) fell. The EMI fell by 28¢ this week to 1,873¢ in Australian Dollar terms, although for context this is a 51% increase on where the […]
Supply limping in winter but buyers don’t appear in a rush
There were no auctions in the west this week, which brought a lower than typical bale offering. However demand leaned on the weak side relative to the last few months, which still caused indicators to fall. The Eastern Market Indicator (EMI) fell by 8¢ this week to 1,901¢ in Australian dollar (AUD) terms as the […]
Mixed results as volumes ease
The market remains sensitive to volume changes currently, with a mixed bag for indicators this week and slight improvement overall as volumes eased. The Eastern Market Indicator (EMI) finished 5¢ higher to 1909¢ in Australian Dollar (AUD) terms and up 13¢ to 1325¢ in United States dollar (USD) terms. The bale offering fell by 10% […]
EMI down on another strong offering
Prices declined as the market experienced a rocky start to the 2026/27 wool marketing year. Whether the declines were purely supply driven is yet to be determined but for this week at least, the demand for the wool offered was not strong enough to keep the price momentum going. The Eastern Market Indicator (EMI) fell […]