The latest on the Australian wool market Season 2025/2026 Week 49, direct from the Elders wool team.
The Australian wool market strengthened again this week, with the benchmark AWEX Eastern Market Indicator (EMI) rising 30 cents across the two selling days.
The EMI lifted 11 cents on Tuesday and a further 19 cents on Wednesday, extending the market’s run of gains to five consecutive selling days. This follows the previous week’s stronger result of 54 cents, resulting in an 84 cent rise in a fortnight.
Buyer demand remained solid despite a limited national offering of 23,414 bales, the smallest weekly roster in 12 months. Auctions were held only in Sydney and Melbourne, while Fremantle paused for sales due to the Western Australia public holiday. With fewer bales available, buyers competed strongly across most categories, and all Micron Price Guides recorded increases in both selling centres.
Merino fleece types were generally 20 to 30 cents dearer, although some pockets rose by as much as 50 cents. Well prepared superfine lots continued to attract premiums, while Merino skirtings also posted gains in line with fleece types. Crossbred wools maintained their recent momentum, with 30 micron types among the standout performers, particularly in Melbourne. Merino cardings also continued their upward trend, with Melbourne’s Carding Indicator now at its highest level in eight years.
Fremantle is scheduled to return next week, which will lift the national offering to 26,178 bales. Despite the overall larger volumes, the week is expected to be the second smallest three centre roster seen in the past six years.
Table showing wool prices to 4 June 2026
Graph showing Eastern Market Indicator (EMI) to 4 June 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 29 May
Wool market update 22 May
Wool market update 15 May