Week 17 - October 2025
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 21st Oct & Wed 22nd Oct 2025
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 17: 23rd October 2025
Currency Movements
Currency Movements
Sales Week 17: 23rd October 2025
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
The Australian wool market extended its downward trajectory this week, with the Eastern Market Indicator (EMI) easing by 29 cents to close at 1,427c/kg clean. In USD terms, the EMI finished at 928c, down 21 cents, while the Australian dollar softened slightly to 0.65 USc. Fine Merino types experienced the greatest pressure, particularly in the 17–19-micron range, whereas broader Merino and crossbred categories showed relative stability. The national offering declined to 33,727 bales, 1,623 fewer than last week and below the forecast of 40,585 bales. Of these, 29,404 bales were sold, lifting the clearance rate to 87.2% as the passed-in rate fell sharply to 12.8%. Currency movements provided only limited support, with the AUD marginally weaker against the USD. This marks the third consecutive weekly decline in the EMI; however, the pace of losses moderated compared to the previous two weeks, which recorded falls of 48c and 61c respectively. Despite recent corrections, the EMI remains 26.2% higher year-on-year and has retained a 14.4% gain since the start of the rally nine weeks ago. To note from this week is that sales volumes outpaced testing this week, signaling an ongoing reduction in broker-held inventories These movements suggest the market is adjusting after recent volatility. While the highs of three weeks ago could not be sustained, the reduced losses this week and improved clearance rates indicate that buyers and sellers are showing greater confidence at current price levels when compared to the previous two. Looking ahead, next week’s offering is expected to rise to 38,410 bales of Australian wool offered across all three centres and all on the Tuesday/Wednesday selling day roster.
