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.
2026-S19
The AWEX EMI Close the week on 1698 cents down $0.25 at auction sales held in Australia this week. 25,000 and 22 bales we're offered nationally with 86.4% plead to the trade. The series was held over Wednesday and Thursday due to the Melbourne Cup public holiday this week. There was a contrast in the two days of selling with general weakness shown on Wednesday and a noticeable turn around in the buyer activity and vigour as Thursday's market unfolded. Whilst competition was generally spread across the usual key players, there were noticeable change in buyer activity in the merino fleece this week. In US dollar terms the EMI fell 21 cents to 1,191 c/kg, while the Australian dollar eased to 70.15 US cents. Season-to-date offerings stand at 447,873 bales, 67,325 bales (13.1%) below the same point last season. Despite the recent price falls, the value of wool sold season-to-date remains well ahead of last year at $843 million, $93 million higher than the corresponding period in 2025/26.
Merino Fleece
Merino Fleece: The largest falls occurred on the first day of selling. Eastern Merino fleece Micron Price Guides (MPGs) eased between 2 and 32 cents. Some sellers and buyers reported a significant change in the sale room sentiment on Thursday, as wools with compatible specifications found Favor with the indent operators who were previously happy to let the mark drift over the past few months. Thursday saw lots testing around 45 NKT was the most affected, while a selection of Superfine and Spinner types remained well supported and traded up to 100 cents above standard wool.
Merino Skirtings
Merino skirtings were generally unchanged, with bright, well-prepared lots selling firm while average styles had nominal movements across all vegetable matter levels.
Merino Cardings
Merino Cardings remained largely unchanged,although locks and crutchings with 8% vegetable matter recorded some movement.
Crossbred Fleece
Crossbred Oddments
Crossbreds
Crossbreds recorded substantial falls. InMelbourne the 26.0 MPG fell 64c the 28.0 MPG fell 45c and the 30.0 MPG eased 52c.
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