23 JAN 2026

Wool market update

The latest on the Australian wool market Season 2025/2026 Week 30, direct from the Elders wool team.

The Australian wool market has continued to trend higher, adding further increases to the large rises on offer during the previous selling series. 

Last week’s strong gains encouraged more sellers to the market. There was a total of 43,497 bales available to the trade. This was the largest national offering since the corresponding sale of the previous season (Week 30). Despite the larger than normal offering buyer sentiment was buoyant, with many predicting a solid market.

On the opening day, the market defied expectations, recording further rises across all sectors. By the end of the day the daily report was a welcome sea of green, with all published Micron Price Guides (MPGs) posting rises. In the merino fleece types, these gains were between 16 and 42 cents. 

With all sectors positive, the EMI rose by 35 cents, over the previous three selling days the EMI gained 142 cents, a 9.2 per cent lift.  

On the second day buyer activity was more cautious, with the market generally consolidating the rises of the previous day, with some small gains in the merino fleece sector on offer. With little movement in the other sectors, the EMI finished the day 6 cents higher. 

The EMI finished the week at 1,689 cents, a 41 cent lift. 

The crossbreds had a very strong week, recording the largest rises in percentage terms. This is best highlighted if we focus on the Southern MPGs. The gains were all recorded on the first day, with 28 micron rising by 43 cents, an increase of 6.3pc. The 30.0 micron MPG added 37 cents, a 6.2pc increase. 

The rise of these MPGs across the previous twelve months has also been impressive. Since the corresponding sale of last year, the 28  and 30 micron MPGs have increased by 77.6pc and 78.4pc respectively. 

Next week’s sale days change to Wednesday/Thursday to accommodate the Monday Australia Day public holiday.

Table showing wool prices to 22 January 2026 Table showing wool prices to 22 January 2026
Graph showing Eastern Market Indicator (EMI) to 3 July 2025 Graph showing Eastern Market Indicator (EMI) to 22 January 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.

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