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.
2025-S33
The AWEX EMI closed the on 1693c, up 16c at auction sales in Australia this week. 37,301 bales were offered Sydney Melbourne and Fremantle with a 94.9% clearance rate. With the AUD inching up this week’s EMI increased by a very solid 27c to close on 1205c the highest EMI in US currency since August 2019 as the AUD crept up to 71.15c during the sale days.
Competition came from business confirming contracts on the 19.5 and finer fleece categories, these purchases were dominated by the Australian Based Trading Exporters with indent operators dominating the coarser micron. Sales totalled $70.21m this week with a total YTD figure of $1,465m up 23.5%YOY, whilst the YOY offered bales is down 3.0%.
Merino Fleece
Merino Fleece was dominated by the Large Australian based trading exporters and the Chinese indent operators. The top 4fleece buyers taking 57.6% of the national total with the larger rises measured on Tuesday, and a more measured approach on Wednesday. Chinese early-stage processors are chasing FNF 19.5 micron and finer and the prompt demand is outweighing premiums from RWS certified lots. With the first ever Chinese NewYear sale recess the tension was noticeable from exporters to secure the suitable wool for shipment.
Merino Skirtings
Merino Skirtings opened where it left off last week but for the first time in a while did not follow the fleece prices up. Wednesdays market experienced solid competition without any noticeable change to the price levels from last week. 67% of the purchases went to the top 4buyers dominated by the Australian Based Trading Exporters.
Merino Cardings
Merino Cardings continued their upward march with Sydney inched up 4c. Melbourne and Fremantle increased in larger chunks with the Melbourne MC rising +45 and the Fremantle MC raising +34c. Across the three regions the MCs climbed by an average of 28 cents. The top buyer purchased a record 41.1% of this sector with the top 4 buyers totalling 64.1%.
Crossbred Fleece
Crossbreds were quoted slightly cheaper however the quotes reflected the lower numbers of the deficiencies in style and specifications rather than a market movement. The exporters are conveying a fully firm market in this sector with 58% being purchased by the top 4 buyers.
Crossbred Oddments
The finer end of the XB Cardings were also moderately dearer than the previous week.
Crossbreds
Next Week
Sales Resume in the week beginning 23rd February. ~Marty Moses
Graphs
Market Commentary
Some regional Rain was experienced by some over the weekend and early hours of Monday. Our clients in the south unfortunately were not as lucky but I’m sure their turn is coming. It has been wonderful to receive positive affirmations from many of our clients on their wool sale results over the past few months.
This is the first time a pause has been scheduled to accommodate the Chinese New Year celebrations. This year is a super-rare Fire Horse year — the exact same heavenly stem-branch combo only rolls around once every 60 years (last one was1966!). The Horse brings speed, freedom, and adventure, while Fire adds passion, intensity, and breakthrough energy. Expect a fast-paced, fiery year full of momentum and big changes. Even cooler twist, the Year of the Fire Horse begins and ends with a dramatic “ring of fire” annular solar eclipse, one in Antarctica right at the start, and another at the end of the year. Talk about cosmic fireworks!