Another positive week for the Australian wool market, with all micron categories finding solid support across the three selling centres. The Eastern Market Indicator (EMI) continued its upward trend, rising to 1,542 ac/kg, now 35% higher year-on-year. In US dollar terms, the EMI closed the week at 1,023 usc/kg, representing a 40% year-on- year increase.​ The Western Market Indicator (WMI) also recorded strong performance, lifting 36 cents to 1,712 ac/kg, or 1,137 usc/kg in US dollar terms.​

Across the micron ranges, price movements were uniformly positive. Fine wools (16.5–19 microns) recorded average rises of around 30 cents. Medium wools (19.5–22 microns) mirrored this trend, firming by a further 30 cents. The crossbred sector (25–32 microns) posted more moderate improvement, lifting by an average of 10 cents. Meanwhile, the cardings market also edged higher, adding 15 cents for the week. The strongest performances were seen in the 17–18-micron ranges seeing average gains of 30-35 cents on the week. ​

The Australian dollar hit 0.664 USD, softening slightly after recent gains but holding a firm underlying tone. Steady domestic data and a resilient labour market continue to support the currency, though softer GDP and rising inflation—now at 3.8%—keep the RBA in a hawkish hold.​

This week’s offering increased to 40,795 bales, up 23% from the previous sale and marking one of the few occasions this season where volumes have exceeded the 40,000-bale level. The market’s response was notably positive to the increased supply. The 94% clearance rate—steady despite the larger catalogue—signals strong underlying demand and a readiness from buyers to absorb higher volumes at firming price levels. This alignment of increased supply and stronger prices points to a market operating with confidence and maintaining solid momentum heading into the coming weeks.​

Next week will see all three centres sell on the Tuesday – Wednesday roster. The expected national offering will be 40,509 bales. This will be the last sale week before the Christmas recess. ​