Business & Rural
2 December, 2025
Wool report
A WELCOME sea of green across the Weekly Market Report (WMR) with all MPG’s across all states showing positive gains with the Eastern Market Indicator finishing the week at 1514, up 56c on the previous weeks result.
A WELCOME sea of green across the Weekly Market Report (WMR) with all MPG’s across all states showing positive gains with the Eastern Market Indicator finishing the week at 1514, up 56c on the previous weeks result of 1458 in that week the EMI rose 39c, making it a total 95c rise for the last 2 weeks.
This continued partial recovery from its recent peak over a month ago when the EMI reached 1565 on the October 1.
Day 1 all 3 selling centres operated, and that was where the largest gains occurred with the EMI adding 43c with merino MPG’s rising anywhere between 40 to over 100c, crossbred MPG’s added up to 20c and even the Merino Carding Indicator (MCI) adding a few cents.
Day 2 Melbourne and Sydney where the only selling centres in operation and the merino MPG’s made gains of up to 30c, while crossbred MPG’s were similar to slightly easier and the MCI showed little change.
Highlight last week was a seasonal record price that has not been beaten since 2012, 42,800 greasy cents per kilogram was achieved for a 12.9 micron lot of fleece, sold out of Sydney NSW. MPG prices rose the most for the week within the 19 micron and coarser categories, the 20 MPG up 113c in total, of note a line of 23.4 micron merino fleece which is a very rare article these days sold for 1,226c greasy or 1814c clean out of Melbourne. On percentile basis the 19 MPG has reached 100 ranking when compared to the last 5 years, the 21, 28 & 30MPG are sitting at 99, while the 17 MPG sits at 55 and the MCI sitting at a low 38.
This week’s national offering has increased to over 40,000 bales selling over 2 days in all 3 selling centres.
Glendon Hancock
Glendon.Hancock@elders.com.au
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