The latest on the Australian wool market Season 2025/2026 Week 47, direct from the Elders wool team.
The Australian wool market has recorded an overall positive movement this week. There was a total of 29,844 bales on offer nationally.
With the stronger market over the previous few months bolstering the offering with wool coming from hold, the total amount of wool offered this season is tracking above the forecast figure. Season to date there has been 1,390,723 bales offered. This is 46,516 below the previous season, a drop of just 3.2 per cent (pc).
On the opening day of the series, all three centres were in operation, and the market behaved erratically. Across the three regions the movement in the merino fleece Micron Price Guides (MPGs) ranged between plus 19 cents (18.0 micron MPG in Fremantle) and minus 17 cents (18.5 micron MPG in Sydney) but the movements were predominantly negative.
In a similar pattern to the previous week, strength in the crossbred and carding sectors softened the blow to the benchmark Eastern Market Indicator (EMI) which fell by just 2 cents. Due to currency movement the drop was larger in US dollars (USD), the EMI dropped by 21 US cents.
On the second day of selling just Sydney and Melbourne were selling. The market adopted a much more positive tone. By days end, the movements in the merino fleece MPGs were between unchanged to plus 28 cents. The EMI climbed by 6 cents, closing the week 4 cents higher at 1,880 cents.
The crossbred sector was by far the best performing of the series. This is best highlighted viewing the crossbred MPGs in the south, which added between 20 and 34 cents. The carding sector also had a positive week. General rises in the locks, stains and crutchings helped to push the three Merino Carding Indicators (MC) up by an average of 17 cents.
Next week’s offering is expected to fall to 27,344 bales nationally.
Table showing wool prices to 21 May 2026
Graph showing Eastern Market Indicator (EMI) to 21 May 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 15 May
Wool market update 8 May
Wool market update 1 May