12/06/2026
The Australian wool market continued its climb this week, with the EMI gaining 15 cents to close at 1,979 ac/kg. After a scheduled non-sale week, the Western Market Indicator (WMI) returned to the market and posted a strong 45-cent rise to finish at 2,170 ac/kg.
The EMI now sits at its highest point since October 2018 and just 21 cents below the 2,000 ac/kg threshold, a level that has become increasingly achievable as gains broaden beyond the fine Merino sector. Strength in medium Merinos, crossbreds and cardings suggests buyer confidence is being driven by wider market fundamentals rather than isolated demand for a single wool type.
This week's offering was the smallest three-centre roster since 2020, highlighting the tightening supply conditions currently supporting the market.
For the full market summary, head to https://info.wool.com/2650t
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