The latest on the Australian wool market Week 12, Season 2026/27, direct from the Elders wool team.
The Australian wool market has retracted in this series, adding further losses to those seen in the previous series.
There was a total of 28,392 bales on offer nationally. This was 4,906 more than the previous series. So far this season there has been a total of 252,452 bales offered. This is 23,776 fewer bales than the previous season, a reduction of 8.6 per cent.
On the opening day in the Eastern markets the merino fleece Micron Price Guides (MPGs) movements ranged between plus 21 and minus 34 cents. The strongest performers were 18.0 and 18.5 in the North, driven by strong demand in wool possessing favourable additional measurement results.
The benchmark Eastern Market Indicator (EMI) dropped 9 cents for the day. In Fremantle the losses were larger as the Western region did not suffer the falls experienced in the Eastern centres on Wednesday last week. Here the MPG movements ranged between minus 29 and minus 70 cents, the Western Indicator dropped by 45 cents.
On the second day again only Sydney and Melbourne were in operation and prices continued to fall, albeit at a slower rate than on the previous day. By the end of the day the merino fleece MPGs had dropped by between 3 and 41 cents. There were no positive movements recorded. The EMI closed the day 12 cents lower. The EMI finished the series on 1,857 cents, a weekly fall of 21 cents.
Currency has again played a part in the market movements. The Australian dollar has lost one full cent compared to the US dollar since the last series. When viewed in USD terms the losses were more significant. The EMI lost 34 US cents for the series, closing the week at 1,323 US cents.
Next week’s offering is forecast to be of a similar size. There is currently expected to be 28,286 bales on offer nationally.
Table showing wool prices to 17 September 2026
Graph showing Eastern Market Indicator (EMI) to 17 September 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.