Market Intelligence
Weekly Wool Market Commentary
Moses & Son is committed to providing our valued customers the most current information and data to empower your decision-making process. Discover our latest Australian wool market weekly update below, along with archived reports for your perusal and analysis.
2024-S50
Week S50: 12/06/2025: The AWEX EMI closed on 1197c down 2c at auction sales in Australia this week. Due to the Monday Public Holiday in the two eastern states selling centres sales were held on Wednesday and Thursday. From the 28,882 bales 91.7% of the offering was sold. With the AUD strengthening over the course of the week in USD terms the market rose by 3 USc to close on 778c. The competition on the smaller than normal Merino Fleece and Skirtings offering was well supported by Trading, Indent and Processing exporters but prices could only be described as “barely maintained” on the bulk of the offering this week. Conversely Crossbreds were fully firm to slightly dearer this week, which kept the EMI within close proximity of last week’s levels.
Merino Fleece
The market opened with some familiarity from previous weeks trend, with the better style and specified lots being favoured by a wide range of exporters who pushed the prices up slightly. Conversely any lots missing the specifications were met with limited competition and were slightly cheaper. With such a low in volume and diverse for style offering the MPG’s sometimes don’t accurately reflect the general market movement. Select lots in Certificated Integrity Schemes were at times showing premiums up to 10% whilst other lots did not attract any favour in the market.
Merino Skirtings
Were once again heavily influenced by the level of preparation and suitability of specifications. Skirtings are reportedly much easier to trade than their fleece counterparts as many are destined for the knitwear sector. Wednesday’s market closed cheaper whilst Thursday saw some lots recover some or all of the previous days’ losses.
Merino Cardings
Posted a 1c rise (701c) in Sydney whilst Melbourne added a 24c gain (669c) to its previous weeks MC.
Crossbred Fleece
Crossbred Oddments
Crossbreds
Enjoyed small rises in price on each selling day driven by substantially reduced quantities. Whilst the quotes were thin in the northern region the south has enough lots to capture the MPG rises between 2c and 21c.
Next Week
With Fremantle sitting out of the sale rooms next week the National offering falls back to 21766 bales. At this point it’s hard to see any market gems arriving in the next month or two. ~Marty Moses.
Graphs
Market Commentary
US tariffs remain the centre of focus for China, as the CCP's plan indicates a shift towards a consumption-driven economy and away from an investment-driven one. China's biggest hurdle is its recent period of deflation, which poses a major obstacle to this transition. Whilst the entire wool industry pipeline laments the current difficult market conditions, a comparison of the MPG's as at the end of last week to one year ago shows the following:
• 17 MPG is 1.9% lower (–33c).
• 18 MPG is 5.5% higher (+83c).
• 19 MPG is 7.7% higher (+109c).
• 20 MPG is 9.6% higher (+127c).
• 30 MPG is 15.0% higher (+50c).
Unfortunately, the dry seasons have caused the recent consignments of wool from the larger collection area we draw from have a lot lower yields than the previous 5 years. It’s pretty easy to think the Wool prices are never going to come good however as the number are showing a 2.3% rise in the EMI when the industry realistically needs to be increasing by at least 10% per year.