The latest on the Australian wool market Season 2025/2026 Week 36, direct from the Elders wool team.
The Australian wool market has continued to surge upward in this selling series, recording a large overall rise this week.
After last week’s larger than normal offering, this week the quantity dropped by 13,489 bales. There were 37,212 bales available to the trade.
From the opening lot of the first selling day, it was immediately apparent that the market was on the rise. Strong widespread competition helped to push prices higher all the way to the final lot.
In the merino fleece sector, the individual Micron Price Guides rose between 21 and 85 cents.
As Sydney and Fremantle did not enjoy the rises on offer at the stand alone Melbourne sale of the previous series, the largest rises were recorded in these centres, particularly for wool 18.0 micron and coarser.
The benchmark Eastern Market Indicator (EMI) rose by 26 cents for the day, pushing up to 1,742 cents.
On the second day the market continued to rise. Across the country the MPGs added another 22 to 56 cents.
The EMI rose by a further 25 cents, making the weekly rise 51 cents. This was the tenth consecutive selling day where the EMI recorded a positive movement. The EMI closed the week at 1,767 cents.
On 5 March last year the EMI was sitting at 1.225 cents. Over the previous twelve months the EMI has added 542 cents or 44.2 per cent.
Currency was a contributing factor in the rises of this week. A fall in the Australian dollar compared to the US dollar meant that when viewed in USD terms, the rises were not as significant. The EMI gained 13 cents for the series, closing at 1,237 US cents.
Next week’s offering has risen from the original forecast figures, as the dearer market has encouraged more sellers to offer their wool. There is expected to be 45,973 bales on offer in Sydney, Melbourne and Fremantle.
Table showing wool prices to 5 March 2026
Graph showing Eastern Market Indicator (EMI) to 5 March 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 27 February
Wool market update 13 February
Wool market update 6 February