Business & Rural
29 June, 2026
WOOL REPORT: another rise in market
It was just Sydney and Melbourne in operation this week, as a result the national quantity fell to 21,251 bales.
THE Australian wool market has had another overall rise last week, pushing closer to all time highs.
It was just Sydney and Melbourne in operation this week, as a result the national quantity fell to 21,251 bales.
This was the smallest national offering since June last year.
By the end of the first day in the merino fleece, the Micron Price Guides (MPGs) movements ranged between minus 15 and plus 37 cents.
The crossbred sector had another day of strong gains, in Melbourne the crossbred MPGs added between 10 and 30 cents.
These rises helped the EMI record the positive result that it did.
The benchmark Eastern Market Indicator (EMI) rose by 9 cents.
In welcome news, although currency movement again played a part, the EMI had a larger rise in US dollar terms.
The EMI added 17 US cents for the day. On the second day the merino fleece market again performed with varied results.
The MPGs closed the day with movements ranging between minus 25 and plus 17 cents.
Again, the crossbred sector was the standout performer. In the South the crossbred added another five to 33 cents, resulting in large overall gains for the week.
The EMI added 1 cent for the day, finishing the day and the series at 1,989 cents.
With only one sale left in the 2025/26 wool selling season, the EMI has made tremendous gains.
The EMI was 1,207 cents twelve months ago, over the course of the season the EMI has added 782 cents, an increase of 64.8%. In USD terms the EMI was 784 US cents twelve months ago and has since added 621 US cents, an increase of 79.3%.
This week Fremantle returns to the roster for the final sale of the 2025/26 wool selling season.
There is currently expected to be 27,697 bales on offer in Sydney, Melbourne and Fremantle.
Source: AWEX
Read More: Local