The Australian wool market has fallen this week, although only by the barest of margins on each day.
The series was held in an unusual Wednesday/Thursday pattern. This was to accommodate Monday public holidays in Sydney and Melbourne, while Fremantle also moved to avoid selling in isolation.
With Fremantle returning to the selling program, the national offering rose by 6,076 bales compared to the previous week, meaning there were 28,882 bales available to the trade nationally.
The smaller than normal offering received good buyer support, particularly higher yielding types which continued to be highly sought after. However from the opening lot it was apparent that the prices on offer for many types were not reaching the levels available at the previous sale.
By the end of the first day the movements in the individual AWEX Micron Price Guides (MPGs) for merino fleece were mixed. There were pockets of positive movements. A 10 cent rise in the 20.0 micron MPG in the north the highlight.
As Fremantle was yet to realise the losses felt in the east in the previous series, the largest falls were recorded in the west, the MPGs dropping by between 18 and 26 cents.
The benchmark Eastern Market Indicator (EMI) dropped by one cent, a buoyant crossbred market preventing a larger fall. The second day was very similar to the first.
General weakness in the merinos countered by strength in the crossbreds resulted in another one cent fall in the EMI. The EMI closed the week 2 cents lower at 1,197 cents. When viewed in USD terms the market movements were positive. The EMI added 3 US cents for the series, closing the week at 778 US cents.
Only Melbourne and Sydney will be in operation in the following series, with Fremantle absent the national offering falls. There is currently expected to 21,766 bales on offer nationally.
Table showing wool prices to 13 June 2025
Graph showing Eastern Market Indicator (EMI) to 13 June 2025
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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 June
Wool market update 30 May
Wool market update 23 May
Wool market update 16 May