Week 4 - July 2026
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 21st Jul & Wed 22nd Jul 2026
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 4: 23rd July 2026
Currency Movements
Currency Movements
Sales Week 4: 23rd July 2026
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
The Australian wool market moved lower in the final selling week before the mid-year recess, with all three centres operating and the national offering rising by 10,521 bales to 31,751 bales. The larger catalogue placed greater pressure on the market, with the EMI falling 28 cents to 1,873 A¢/kg. In US-dollar terms, the indicator eased by 18 cents to 1,311 US¢/kg, while the Australian dollar finished close to US70 cents. The clearance rate fell to 84.7%, showing stronger seller resistance as prices weakened.
Merino fleece recorded losses across the selling centres, with most indicators falling between 20 and 65 cents. The finer end was generally the most affected, although weakness extended through the medium micron categories as well. Crossbreds also came under renewed pressure, particularly in Melbourne, where the 26-to-28-micron indicators fell by more than 40 cents. Merino cardings were mixed by centre but weaker overall, with declines in Melbourne and Fremantle outweighing a small gain in Sydney.
While better style and lower-VM lots continued to attract stronger competition, buyers were more cautious across the wider catalogue.
Currency also contributed to the pressure on Australian-dollar prices. With the Australian dollar strengthening toward US70 cents, the benefit to overseas buyers was reduced. This is reflected in the smaller fall in the EMI when measured in US dollars, indicating that part of the local decline came from exchange-rate movement rather than a matching fall in international price terms.
The three-week break may now give the market time to reset, with both buyers and sellers able to reassess positions. Sales are scheduled to resume in the week beginning 17 August, when the volume and quality of wool returning to market will be important in determining whether prices stabilise near current levels.
