The latest on the Australian wool market Season 2025/2026 Week 33, direct from the Elders wool team.
The Australian wool market has risen again in this selling series, recording overall gains across both selling days.
There was a total of 37,301 bales available to the trade. Of this total 35,417 bales were sold, again showing the willingness of sellers to accept the prices on offer. Only 5.1 per cent (pc) was passed in.
On the opening day the movements in the Micron Price Guides (MPGs) for merino fleece ranged between minus 4 and plus 32 cents. The skirtings were irregular, while the crossbreds recorded modest falls. The benchmark Eastern Market Indicator (EMI) finished the day 12 cents higher.
The second day recorded very little change across all three centres, the EMI rose by 4 cents. This pushed the EMI up to 1,693 cents. This is the highest the EMI has been since August 2019.
The EMI has been trending higher since the beginning of November. There have been 22 selling days since the 4 November, the EMI has risen on 19 of those days. The EMI has added 276 cents across these sales, an increase of 19.5pc.
When viewed in USD terms the increase is even more substantial. Since the beginning of November, the EMI has gone up by 272 US cents, recording a decrease across only three of those days. This equates to a 29.7pc rise.
The EMI is now sitting on 1,205 US cents, the EMI in USD terms is at its highest point since July 2019.
Some large gains in the oddment market, particularly in the west on day one, have helped to push the Merino Carding Indictors (MC) up again, continuing the upward trend. Across the three regions the MCs climbed by an average of 28 cents.
Next week the wool market heads into a recess for Chinese New Year. Sales will resume in the week beginning Monday the 23rd of February.
Table showing wool prices to 12 February 2026
Graph showing Eastern Market Indicator (EMI) to 12 February 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.
Read previous reports
Wool market update 6 February
Wool market update 30 January
Wool market update 23 January