The latest on the Australian wool market Season 2025/2026 Week 23, direct from the Elders wool team.
It was a positive week for the wool market with majority of merino MPG’s gaining ground.
No particular micron range was more in favour than the other, apart from the broader merino microns, which now exceeding their previous peak back in early October, and the finer microns having some more work to do to reach the last peak.
By the close of the sale week, the EMI sat at 1521, up 17c for the week, posting a gain of 6c on day 1 and adding another 11c today.
In US$ terms the EMI went back over the ten dollar mark up 23c to 1,001.
While merino fleece showed moderate rises overall, merino pieces generally increased over and above their fleece counterparts showing improved demand for those end products.
Buyers were willing to bid strongly for those lots carrying fleece like measurement but also shorter types showing little or no processing faults like jowl and non scourable colour.
The cooler seasonal conditions have slowed the onset of increased grass seed (vegetable matter) for many wool growing areas which has narrowed premiums and discounts for vegetable matter for now.
Crossbred fleece MPG’s had a quiet week with minimal changes. All overseas buyers remain active with supply set increase as we enter the main supply period for crossbred wool.
The Merino Carding Indicator (MCI) also gained with all qualities improving throughout the week.
Season to date sale offerings are 4.9 per cent lower when compared to the same time last season, while AWTA testing volumes are some 14pc below during the same period. This indicates a further run down in grower held stocks.
Next weeks sale (week 24), the second last sale of 2025 is rostered at over 41,000 bales. All three centres will be operating over Tuesday and Wednesday.
Table showing wool prices to 4 December 2025
Graph showing Eastern Market Indicator (EMI) to 4 December 2025
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.