Market Intelligence
Weekly Wool Market Commentary
Moses & Son is committed to providing our valued customers the most current information and data to empower your decision-making process. Discover our latest Australian wool market weekly update below, along with archived reports for your perusal and analysis.
2026-S10
The AWEX EMI closed on 1890c up 37c at Auction sales in Australia this week. The 95.6% of the 25,021 cleared to the trade with competition coming from a wide range of exporters fighting for the offering. Despite some price resistance from the downstream processors becoming more apparent, the Topmakers have clearly shown they need to keep inventory in front of their machinery.
With another negative Wool Production Forecast recently released for the current season and the 8.3% less bales offered for the season to date there is no doubt that we are in for a choppy ride as all players review their purchasing strategies to keep their enterprises profitable.
Merino Fleece
Merino Fleece measured their largest rises on Tuesday however the final day of selling still posted reasonable rises in all MPG’s. The 19.5µ MPG’s and finer were the best performers for the week with the southern market offering a noticeably increase in their 20µ and coarser fleece lots meeting.
Merino Skirtings
Merino Skirting followed a similar trajectory to the fleece with the largest rises on the first day and slightly smaller increases on Wednesday.
Merino Cardings
Merino Cardings held reasonably well in a reduced offering but like the fleece the standard carbonising types.
Crossbred Fleece
Crossbred Oddments
Crossbreds
Crossbreds are also suffering a severe supply shortage, and this week was a continuance of last weeks scramble to meet their short positions.
Next Week
Next week’s offering is forecast toreduce slightly to 23,851 bales offering in Sydney, Melbourne, and Fremantle.The early market intelligence indicates it may be close to another temporaryresistance level. However, in a low supply market anything could happen. ~Marty Moses
Market Commentary
Market commentary: AWTA released their key test data for August this week. The monthly comparisons of Bales tested for August 2026 compared with the same period last season %, -1.4%. The progressive comparison of Bales tested for July 2026 to August 2026 compared with the same period last season are down -2.7%. AWTA Ltd has tested 32.1 mkg (million kilograms) this season compared with 33.0 mkg for the equivalent period last season. The wool industry gathered this week in Melbourne for what used to be called wool week and now titled the Wool Summit. The day consists of the industry associations AGM’s and general meetings, presentations from the AW’s ( AWTA AWEX and AWI), and the WIA presentation and a Q & A session featuring 5 really bright young industry participants. The highlight of the Wool Summit was undoubtedly the Wool Industry Dinner where the Young Broker & Young Private Treaty award were announced. Later in the evening there were three Wool Industry Medals awarded to three very worthy candidates. Industry Icons - Malcolm Peake, Craig Wilson, and Alan McGuffick were all acknowledged for their significant contribution to the sheep and wool industries. It was such a great feeling to be there to support three people that I have worked with on a number of industry initiatives like the Peter Westblade Scholarship, MerinoLink and the AMPT. They are also considerable clients of Moses & Son and Gordon Litchfield Wool.