Market Report Week 39 March 2026 | Australian Wool Innovation

AWEX EMI 1825 +39

Micron 17 2508 +50

Micron 18 2434 +42

Micron 19 2262 +41

Micron 20 2133 +42

Micron 21 2092 -

Micron 25 991 -19

Micron 26 868 +28

Micron 28 673 +23

Micron 30 571 +11

Micron 32 508 -

Micron 16.5 2522 +51

MCar 1078 +26

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Week 39 - March 2026

Eastern Market Indicator (EMI)

Microns

AWEX Auction Micron Price Guides

Sales held Tue 24th Mar & Wed 25th Mar 2026

Offering (Aust. Only)

Sales Week 39: 26th March 2026

Currency Movements

Sales Week 39: 26th March 2026

Forecast

Scheduled Australian Wool Auction Sales

AWI Commentary

The Australian wool market this week recorded a decline, with the EMI finishing 27 cents softer closing at 1,724 c/kg. The softer AUD this week resulted in more extensive losses in USD terms with the EMI finishing at 1,202 cents –a 43 cents decline.

However, year on year the EMI still remains 38.5% higher in AUD terms and 53.1% higher in USD terms.

Price weakness was concentrated in the 18.5–21 micronMerino fleece range, with falls generally in the order of 40–60 cents, particularly across Southern and Western selling centres. In contrast, the Northern region showed relative resilience, with some firmness in the 20-21 microns. Crossbred wools also recorded declines across most microns.

Passed-in rates this week sitting at 9% nationally, with the West exceeding 13%. Elevated pass-in levels, particularly in Merino fleece (>10% in some regions), signaling some growing seller resistance.

This week saw another strong offering of near 40,000 bales, the continued strong offerings this year is notable in the backdrop of a reduced national production. Offerings year on year are sitting 4.2% lower while per the February AWTA update testing is sitting 9.4% behind the previous season. This gap is notable and is presumably being filled by broker or farm held stocks, as sellers respond to stronger pricing. As this extra throughput is worked through the sale rooms the continued higher weekly offerings of ~40,000 bales would look to be unsustainable.

Rising shipping and logistics costs driven by the Middle East conflict, increased supply in the auction rooms easing competitive pressure, and a sustained period of price increases have all contributed to some modest retracements in the market in recent weeks. The coming weeks will reveal how well the market can absorb these headwinds.

Next week sees 37,815 bales being offered on the Tuesday –Wednesday schedule.