The latest on the Australian wool market Season 2025/2026 Week 21, direct from the Elders wool team.
There was a welcome sea of green across the Weekly Market Report (WMR) this week, with all MPG’s across all states showing positive gains.
The Eastern Market Indicator finished the week at 1514, up 56c on the previous weeks result of 1458. In that week the EMI rose 39c, making it a total 95c rise for the last 2 weeks.
This continued partial recovery from its recent peak over a month ago when the EMI reached 1565 on the 1 October.
Day one: all three selling centres operated. This was where the largest gains occurred, with the EMI adding 43c and merino MPG’s rising anywhere between 40 to over 100c. Crossbred MPG’s added up to 20c and even the Merino Carding Indicator (MCI) added a few cents.
Day two: Melbourne and Sydney where the only selling centres in operation. The merino MPG’s made gains of up to 30c, while crossbred MPG’s were similar to slightly easier and the MCI showed little change.
Highlight of the week was a seasonal record price that has not been beaten since 2012.
42,800 greasy cents per kilogram was achieved for a 12.9 micron lot of fleece, sold out of Sydney New South Wales.
MPG prices within the 19 micron and coarser categories rose the most for the week , the 20 MPG up 113c in total. Of note was a line of 23.4 micron merino fleece, which is a very rare article these days. It sold for 1,226c greasy or 1814c clean out of Melbourne.
On percentile basis the 19 MPG has reached 100 ranking when compared to the last five years. The 21, 28 and 30MPG are sitting at 99, while the 17 MPG sits at 55 and the MCI sitting at a low 38.
Next weeks national offering increases to over 40,000 bales selling over two days in all three selling centres.
Table showing wool prices to 20 November 2025
Graph showing Eastern Market Indicator (EMI) to 20 November 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.