Week 09 - August 2026
Eastern Market Indicator (EMI)
Eastern Market Indicator (EMI)
Microns
AWEX Auction Micron Price Guides
Sales held Tue 25th Aug & Wed 26th Aug 2026
Offering (Aust. Only)
Offering (Aust. Only)
Sales Week 9: 27th August 2026
Currency Movements
Currency Movements
Sales Week 9: 27th August 2026
Forecast
Forecast
Scheduled Australian Wool Auction Sales
AWI Commentary
The Australian wool market rebounded strongly this week, reversing much of the previous week’s decline as buyers competed for the smallest three-centre offering in almost six years. Just 23,651 bales were offered nationally, down more than 14,000 bales on the previous week, with 23,185 bales sold and only 2.0% passed in.
The Eastern Market Indicator (EMI) gained 41 cents, or 2.3%, to close at 1,853 A¢/kg, with the EMI higher in all major currencies. In US dollar terms the increase was 44 cents to 1,325 US¢/kg.
Competition on the opening day pushed the market, with Merino categories rising between 30 and 75 cents and the EMI gaining 36 cents - its largest daily increase since late April. Buyers continued to favour good-style, low vegetable matter wool, although the strength extended across most descriptions as exporters competed to secure meaningful volume. The market generally remained firm on Wednesday, while crossbreds also improved, with the 28-micron indicators gaining 42 cents in Sydney and 45 cents in Melbourne.
The trade reported new fleece business remains limited, although domestic Chinese demand continues strongly with low inventory levels through the early-stage supply chain. This provided a level of confidence among exporters following the firmer close last week – and while completed sales remained slow, buying interest had strengthened once the market found that lower-level last week.
With around 26,000 bales forecast for Week 10, restricted supply is likely to remain an important influence on short-term price direction. However, subdued fresh export business and a stronger Australian dollar suggest the market remains vulnerable to further volatility rather than signalling a clear demand-led trend.