Business & Rural
9 December, 2025
Wool report: good steady week
AN overall steadying week for the wool market with movements in finer MPG’s to see the EMI finish the week at 1504c, down 10c overall.
AN overall steadying week for the wool market with movements in finer MPG’s to see the EMI finish the week at 1504c, down 10c overall.
This was on the back of large gains the previous week in which the EMI gained 56 cents and some MPG increases of over 100 cents. When expressed in US$ terms which the majority of oversees trade in the EMI was only a fraction lower.
On the first day of selling (Tuesday) the market lost the most ground in the eastern states with most merino MPG’s losing 10 to 38c with finer MPG’s most affected, while the West Australian MPG’s fairing better on paper but remembering WA only had a one day sale the previous week on the Tuesday, Tuesdays EMI lost 9c by the end of the day to 1505 cents. On the second and final day movements were more modest overall with most MPG’s moving up/down less than 10 cents in all three selling centres, which resulted in the EMI losing just the 1 cent to finish the week at 1504c.
The Sydney wool auction last week was a designated superfine sale which saw some healthy prices for spinner style types in the finer microns, creating some increased movements in the MPG’s as premiums for those speciality types soared in comparison to best to good top making styles. Some commentators quoting those premium types up to 200 cents clean over standard types, but to achieve those levels there are strict measurement and style parameters.
The merino skirting market performed well in comparison to their fleece counterparts and finished the week up to 40c higher than the previous week, those lots with fleece like measurements most affected.Crossbred fleece MPG’s were overall slightly easier and merino cardings made modest gains.
Glendon Hancock
Glendon.Hancock@elders.com.au
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