The latest on the Australian wool market Week 16, Season 2026/27, direct from the Elders wool team.
The Australian wool market has recorded a modest overall rise in this series, ending its run of losses. There was a total of 26,325 bales on offer nationally. This was 3,171 bales less than the previous series. There was an unusual selling pattern this series, due to a Public Holiday in Sydney, pushing their selling days to Wednesday and Thursday. Fremantle and Melbourne sold on the Tuesday. Melbourne and Sydney sold on the Wednesday. Then Sydney had a standalone sale on the Thursday. On day one the benchmark Eastern Market Indicator (EMI) gained 2 cents, ending its seven selling day run of losses. This was driven by general price increases in the Southern Micron Price Guides (MPGs), particularly in the finer microns. On day two the EMI lost 5 cents for the day, this time driven by losses in the finer microns in the North. The Northern indicator fell by 8 cents for the day. On day three with just Sydney in operation the market rose. The merino fleece MPGs added between 8 and 36 cents. The Northern Indicator rose by 11 cents, this rise pushed the EMI up 4 cents. This rise was enough to put the EMI into positive territory for the week. The EMI closed 1 cent higher at 1,820 cents. The medium to broad microns have lost more ground in recent weeks compared to the finer microns. This can be best explained by comparing the 18.0 and 21.0 MPGs in the Southern Region. After the first sale of the calendar year the 18.0 MPG was 2,157 cents while the 21.0 MPG was 1,958 cents, a difference of 199 cents. At the completion of this series the 18.0 MPG was 2,505 cents while the 21.0 MPG was 1,854 cents a difference of 651 cents. Next week’s offering is forecast rise. There is currently expected to be 35,096 bales on offer nationally. |
Table showing wool prices to 9 October 2026
Graph showing Eastern Market Indicator (EMI) to 9 October 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.