It was another increase in the AWEX Eastern Market Indicator, continuing its unbeaten start to the 2025/26 wool selling season. All three sale weeks since July 1 have closed higher.
The AWEX EMI rose 10 cents to finish at 1221 cents, breaking above its previous trading range of 1190–1210 cents and reaching its highest level in three months. In US dollar terms the AWEX EMI also rose (reaching an 18 month high) supported by a strengthening Australian dollar.
This week's offering was relatively modest at 23,623 bales due to a Sydney/Melbourne only rostering (there are limited volumes in Fremantle at this time of the year).
The strongest gains came on the first day, with the Merino Fleece sector rising 5 to 10 cents. Wednesday displayed more irregular activity, particularly in Sydney, where a few small pockets of weakness were recorded in the finer microns. In contrast, Melbourne continued to firm through to the close.
In both centres, stylish superfine types with in demand specifications attracted strong buyer support during the sale. Merino Skirtings remained firm. Best style, good length lots with low vegetable matter continued to attract good support and are trading at solid premiums over other types.
Crossbreds also continued to find favour, adding 20 cents in Sydney this week to the 28 Micron Price Guide and pushing it close to the 500 cent level.
Now at a four year high, the MPG has risen 39 per cent over the past nine months. Merino Cardings firmed a few cents for the sale.
Volumes rise to 38,044 bales next week with Fremantle returning to the national roster as a one day sale. The auctions will be final week of wool sales before the annual three week August recess.
Table showing wool prices to 17 July 2025
Graph showing Eastern Market Indicator (EMI) to 17 July 2025
For full details of auction sales, download the reports below.
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