The latest on the Australian wool market Week 18, Season 2026/27, direct from the Elders wool team.
The Australian wool market has suffered large falls this week, with all sectors of the market recording losses.
In the eastern centres the Micron Price Guides (MPG) movements in merino fleece lost between 33 and 86 cents. The benchmark Eastern Market Indicator (EMI) lost 62 cents.
The EMI has fallen for 12 of the last 14 selling days, losing 170 cents across this run.
There was strong seller resistance to the lower prices on offer pushing the national passed in rate up to 27.0 per cent. This was 13.4 per cent higher than the previous series and the largest passed in rate since May 2023.
In the west it was a similar pattern to the previous series. As the Fremantle region did not experience the falls in the Eastern centres on Wednesday last week, the falls were greater here.
The MPGs lost between 69 and 117 cents. The Western indicator dropped by 90 cents. This was the largest fall of the Western indicator since 4 August 2020 when the indicator dropped by 123 cents.
The passed in rate in Fremantle was 51.3 per cent. This was the highest passed in rate in the Western region since 17 August 2021. The broader microns have recorded larger falls again recently, widening the gap between the finer and broader microns.
In the Southern region the difference between an 18.0 and 21.0 MPG is now 632 cents. This is compared to 193 cents at the beginning of the calendar year. The carding market was the best performing sector, although losses were still recorded. General falls in locks, stains and crutchings of between 20 and 40 cents pushed the three carding indicators down by an average of 33 cents.
The crossbred sector also recorded large falls, following merino fleece types. The price reductions in these types contributed to the overall drop in the EMI.
Table showing wool prices to 29 October 2026
Graph showing Eastern Market Indicator (EMI) to 29 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.