Business & Rural
13 April, 2026
WOOL REPORT: two successful weeks
On the opening day the market was immediately on the rise.
AFTER two successive weeks of losses the Australian wool market rebounded strongly last week, recording large gains.
There was a total of 36,252 bales available to the trade, this was 3,421 bales less than in the previous week.
On the opening day the market was immediately on the rise.
Higher yielding, low vegetable matter wool and wool with favourable additional measurement results were the most highly sought after lots, however all lots recorded increases as buyers fought for market share.
The Micron Price Guides (MPGs) for merino fleece rose by between 3 and 88 cents for the day.
The benchmark Eastern Market Indicator (EMI) added 20 cents after rises in the other three sectors.
Currency played a large role again last week, this time having a positive impact.
The fall in the AUD was so large that when viewed in US dollar (USD) terms the market retracted.
The EMI dropped by 7 US cents for the day. The second day of selling the market took off.
This time currency played almost no part in the rises, the increases coming as a direct result of buyer demand and by the knowledge that this would be the last buying opportunity until after the upcoming Easter recess.
The MPGs for merino fleece rose by between 31 and 99 cents, the EMI climbed by a healthy 42 cents for the day. This was the highest daily rise in the EMI since the beginning of January. The EMI closed the week 62 cents higher at 1,786 cents. After a small increase in the AUD overnight the rise in the USD EMI was larger (In percentage terms), the EMI added 39 US cents for the day, closing at 1,234 cents.
This week is the annual Easter recess, sales will resume next Monday.
Read More: St Arnaud