{"id":120191,"date":"2025-09-05T06:52:10","date_gmt":"2025-09-05T06:52:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/120191\/"},"modified":"2025-09-05T06:52:10","modified_gmt":"2025-09-05T06:52:10","slug":"wool-prices-lift-again-in-longest-run-since-2019","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/120191\/","title":{"rendered":"Wool prices lift again in longest run since 2019"},"content":{"rendered":"

\"\"AUSTRALIAN wool prices increased again this week extending the longest run in weekly price rises since 2019.<\/p>\n

The Australian Wool Exchange said the market continued its unblemished start to the 2025\/26 wool selling season, recording an overall positive result for the seventh consecutive selling series.<\/p>\n

\u201cThis is the longest run of weekly rises since 2019 and the first time that the market has risen for the first seven weeks of a season since 1979.\u201d<\/p>\n

AWEX said the 29,594 bales on offer nationally received excellent support, as buyers were in an aggressive mood in the rapidly rising market. Brokers passed in just 2.8 percent.<\/p>\n

\u201cOn the first selling day all sectors of the market recorded healthy gains.<\/p>\n

\u201cThis was reflected in the benchmark Eastern Market Indicator which rose by 17 cents for the day, this was the largest daily rise in the EMI since March,\u201d AWEX said.<\/p>\n

\u201cOn the second day the market continued to rise, all sectors of the market again recording gains, pushing the EMI up by a further 13 cents.<\/p>\n

\u201cThis extended the run of daily EMI rises to twelve,\u201d AWEX said.<\/p>\n

\u201cThis is the longest upward run of the EMI since June 2011.\u201d<\/p>\n

\"\"AWEX said although some of the rises in the EMI over this run were relatively small, when accumulated they have become a significant upward trend.<\/p>\n

\u201cThe EMI started the run (8th of July) at 1208 cents\/kg clean.<\/p>\n

\u201cIt is now 1291 cents, an 83-cent or 6.9pc increase.\u201d<\/p>\n

AWEX said the EMI also rose in US dollar terms, adding US24 cents for the series.<\/p>\n

\u201cThis was the third successive series where the EMI rose in both Australian and US dollar terms.\u201d<\/p>\n

AWEX said the crossbreds also performed very well again in this series, pushing the MPGs up into ranges not seen for years.<\/p>\n

\u201cThe largest gains in this series in percentage terms were all achieved by the crossbred sector, with 28 and 30 microns the best for the second week in a row.<\/p>\n

\u201cThe oddment sector also had a very positive series, this was reflected in the Merino Carding Indicator which rose by an average of 23 cents.\u201d<\/p>\n

Lowering supply starting to impact \u2013 AWI<\/p>\n

Australian Wool Innovation said since trading solidly around the 1200ac mark for May and June, the Eastern Australian Market Indicator EMI been steadily grinding away for the past two months but thankfully to a dearer trend.<\/p>\n

\u201cThis week saw somewhat of an acceleration to that trend with a very healthy 2.4pc or 30 cents\/kg clean added to that leading indicator of the overall state of the wool pricing.<\/p>\n

\u201cThe EMI now sits at the highest weekly closing basis since the beginning of May in 2023.\u201d<\/p>\n

AWI said the trade feedback is that the environment and conditions of trade are \u201cstarting to feel right again.\u201d<\/p>\n

\u201cThis applies to both prices and sentiment.<\/p>\n

\u201cMost participants are comparing the current state of confidence back to where we were in March 2025 before the United States government tariff decisions impacted immediately and heavily upon global economic trade,\u201d AWI said.<\/p>\n

\u201cPerhaps the larger impact \u2013 than the seemingly improving demand side \u2013 is the supply factor.<\/p>\n

\u201cTraders and indent buyers are anecdotally reporting the lowering supply story is beginning to take effect with mills and overseas interests.\u201d<\/p>\n

AWI said the consensus is \u201ceveryone is behind in their purchasing\u201d and there \u201cjust won\u2019t be enough wool to go around if mills want to run anywhere near their optimum capacity.\u201d<\/p>\n

Just over 28,000 bales are currently rostered for sale for next week.<\/p>\n

Sources \u2013 AWEX, AWI.<\/p>\n","protected":false},"excerpt":{"rendered":"AUSTRALIAN wool prices increased again this week extending the longest run in weekly price rises since 2019. The…\n","protected":false},"author":2,"featured_media":120192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,171],"class_list":["post-120191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-au","tag-australia","tag-business","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/120191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=120191"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/120191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/120192"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=120191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=120191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=120191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}