The latest on the Australian wool market Week 11, Season 2026/27, direct from the Elders wool team.
The Australian wool market has had an up and down series this week, gaining ground on the first selling day, only to lose it on the second.
There was a total of 23,486 bales on offer nationally. This was 1,535 less than the previous series.
By the end of the first day, the movements in the merino fleece Micron Price Guides (MPGs) in the Eastern centres ranged between unchanged and plus 37 cents. The Western region had a day of mixed results; the finer microns had strong rises while the coarser microns recorded losses. Here the MPGs ranged between minus 41 and plus 49 cents. The benchmark Eastern Market Indicator (EMI) added 3 cents for the day, climbing to 1,893 cents.
Currency played a role in the market movements, so much so that when viewed in US dollar terms the market recorded a larger gain. The EMI added 17 US cents for the day.
On the second day the market recorded general losses across all merino types and descriptions, with the broader microns recording the largest losses and the finer microns holding up reasonably well. This was reflected in the merino fleece MPGs in Sydney and Melbourne. For 17.5 micron and finer the movements ranged between unchanged and minus 7 cents. For 18.0 micron and coarser the MPGs lost between 10 and 40 cents.
The EMI lost 15 cents for the day, closing the day and the series at 1,878 cents, a weekly drop of 12 cents. The EMI fell by 9 US cents for the day, closing the week 8 US cents higher at 1,357 US cents. The total dollar amount sold continues to track well above last season.
There has been a total of $429 million sold, season to date, this is $89 million more than the previous season.
Next week’s offering is forecast to increase. There is currently expected to be 30,185 bales on offer nationally.
Table showing wool prices to 10 September 2026
Graph showing Eastern Market Indicator (EMI) to 10 September 2026
For full details of auction sales, download the reports below.
Disclaimer: The information contained in this article is given for the purpose of providing general information only, and while Elders has exercised reasonable care, skill and diligence in its preparation, many factors (including environmental and seasonal) can impact its accuracy and currency. Accordingly, the information should not be relied upon under any circumstances and Elders assumes no liability for any loss consequently suffered. If you would like to speak to someone for tailored advice relating to any of the matters referred to in this article, please contact Elders.