Week 2 - July 2026
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 7th Jul & Wed 8th Jul 2026
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 2: 9th July 2026
Currency Movements
Currency Movements
Sales Week 2: 9th July 2026
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
The Australian wool market found support this week, consolidating after two consecutive weeks of losses. The EMI lifted by 5 cents to 1,909 ac/kg, while in US-dollar terms the indicator rose by a more substantial 13 cents. This occurred despite a stronger Australian dollar, which provided headwinds for exporters and overseas buyers.
The recovery was led by the Merino fleece sector, most clearly demonstrated in the Western selling centre. The WMI rose by 22 cents to 2,094 ac/kg, while in US-dollar terms Western returns lifted by 26 US cents to 1,453 USc/kg, highlighting the strength of buyer support in Fremantle.
The strongest demand was centred on medium Merino types, where average gains ranged from 25 to 30 cents. Fine Merinos recorded more modest improvements, generally rising by 5 to 10 cents.
In contrast to the Merino fleece market, crossbred wools lost ground this week, easing by an average of 20 to 25 cents. The pressure was concentrated in the finer crossbred fleece types, particularly 28 micron and finer, while broader microns were comparatively firm. This marks a reversal of recent trends, where crossbreds had provided support to the broader market. Merino cardings also softened, falling by around 10 to 15 cents for the week.
This week’s result suggests the market has found a more stable footing, although the recovery remains selective rather than broad-based. Merino fleece attracted renewed competition, particularly when viewed in US-dollar terms, while crossbreds and oddments showed that buyer resistance has returned outside the main Merino types.
Next week’s sale will provide further insight into the strength of the Eastern markets, with Fremantle not rostered to sell. A smaller national offering of 21,646 bales is currently scheduled across the Tuesday-Wednesday selling program.
