The latest on the Australian wool market Week Nine, Season 2026/27, direct from the Elders wool team.
After four weeks of successive overall losses, the Australian wool market has rebounded strongly in this selling series, recording large prices increases.
There was a total of 23,651 bales available to the trade. This was the smallest three centre offering since Week 13 in 2020, which was during the COVID pandemic. In a completely opposite trend to the previous week, when the markets opened in the Eastern centres it was clear that large price increases were on offer.
The Micron Price Guides (MPGs) for merino fleece across the country rose by between 30 and 75 cents. Again, main buyer interest centred on good style, low vegetable matter (less than 1.0per cent) wool and the largest price rises were seen in these types. All types and descriptions however enjoyed rises as buyers fought hard to secure meaningful quantity in the smaller than normal sale.
Most sellers were keen to accept the prices on offer. The national passed in rate for the day was 1.8 per cent, in the merino fleece it was just 1.5 per cent.
The benchmark Eastern Market Indicator (EMI) rose by 36 cents for the day. This was the largest daily rise in the EMI since the 22 April. The EMI also recorded a healthy rise in USD terms. The EMI added 38 US cents for the day, an increase of 3.0per cent.
On the second day only Sydney and Melbourne were in operation and the market generally continued to strengthen. The merino fleece MPG movements ranged between unchanged and plus 26 cents.The only anomaly was the 18.5 MPG in the North which dropped by 15 cents. The EMI added a further 5 cents, closing at 1,853 cents.
The crossbred sector also had a favourable week, the rises in this sector helped to push the EMI up to the levels achieved.
Next week’s offering is forecast to be slightly larger. There is currently expected to be 26,000 bales on offer in Sydney, Melbourne and Fremantle.
Table showing wool prices to 27 August 2026
Graph showing Eastern Market Indicator (EMI) to 27 August 2026
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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.