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.
2025- S02
Week S02: 9/07/2025: The AWEX EMI closes on 1212c up 4c at auction sales in Australia this week. 29,275 bales were offered with a 92% clearance rate, which was consistent with the recent sale clearances. The favourable currency exchange saw the AUD fall to 65.18c US over the selling days which worked in assisting buyers pay 3.3% more in AUD terms. When you analyse the conversion, the EMI fell 5c in US Dollar terms. Overall, the main competition came from Australia’s largest trading exporter which dominated the Merino and Crossbred combing categories. Reports of some new business written this week, allowing the Trading Exporters to operate with more confidence in the Auction. This gave the indent operators and Chinese processors solid competition and hence the sellers generally accepted the new price levels.
Merino Fleece
saw the 16-17.5 MPG’s add 15-25c to last week’s levels with elevated competition from the Traders, Indents and Topmakers. The largest rises were measured on second day of selling. Reports of Some direct orders from European interests also were realised by the end of the week with much larger premiums being paid for the best specified and best style Italian Spinner suitable fleece lots.
Merino Skirtings
opened under some price pressure with exporters operating with some elevated caution in the specifications they purchased. Wednesday saw the skirtings rebound and increase past last week’s levels for the lower VM types. Heavier VM types held their ground.
Merino Cardings
remained relatively unchanged with Sydney adding 3c to the MC whilst Melbourne remaining unchanged and Fremantle retracting by 1c. Competition on the finer locks Crutchings and locks remained steady whilst there were some price irregularities in the broader MC types.
Crossbred Fleece
Crossbred Oddments
Crossbreds
remained relatively unchanged in the Northern region with some positive variation in the southern region measured for the 28 MPG and small decreases on the other XB MPG’s. Whilst the past 3 weeks have been driven by exporters covering old contracts, we heard reports of new contracts emerging for XB types this week.
Next Week
falls back to 23,990 bales with Fremantle taking a pause from offering before the following weeks final sale before the three-week recess. The early MARKERT Intelligence is for no substantial change in the markets next week ~Marty Moses.
Market Commentary
In the headlines this week were:- The RBA announcing the current Interest rates would be maintained, which disappointing given the prediction of a 25-basis point drop; (Trumps) US Trade Tariffs were back in the news with Japan & Korea in the firing line this time; and AWTA announce slight rises in certificate costs and more importantly announces that all lots sampled by AWTA will require Property Identification Codes (PIC) commencing on January 1, 2026.