The latest on the Australian wool market Season 2025/2026 Week 42, direct from the Elders wool team.
The Australian wool market has returned after the one week Easter recess, recording large gains for the second consecutive selling series.
Wool accumulated during the recess bolstered the national offering. There was a total of 44,765 bales available to the trade. This was 8,513 bales more than in the previous series.
On the opening day, this larger offering attracted strong widespread competition, pushing prices higher from the outset. The largest gains were seen in the merino fleece types, particularly the better style, higher yielding, lower vegetable matter types and wool with favourable additional measurement results. The lesser style types also enjoyed gains, as buyers fought hard for market share.
These gains were reflected in the Micron Price Guides (MPGs), which rose between 11 and 61 cents nationally. The benchmark Eastern Market Indicator (EMI) added 24 cents for the day. Due to a strengthening of the Australian dollar compared to the US currency, when viewed in USD terms, the rise in the EMI was larger. The EMI gained 48 US cents for the day. This was the largest daily rise in the EMI since January 13.
On the second day of selling the market generally consolidated the rises of the previous day. There were varied changes in the MPGs, where the movements ranged between plus 47 and minus 30 cents. The EMI added 15 cents for the day.
The EMI closed the week 39 cents higher, finishing at 1,825 cents. The EMI has now added 86 cents over the last two selling series, easily covering the losses of the previous two series.
The EMI now sits at its highest point since June 2019. In USD terms the EMI is at its highest point since July 2019.
Next week’s national offering is expected to reduce significantly, despite the dearer market. There are currently 32,746 bales on offer in Sydney, Melbourne and Fremantle.
Table showing wool prices to 16 April 2026
Graph showing Eastern Market Indicator (EMI) to 16 April 2026
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