AWEX reported 1,541,414 bales provided, down 13.4% year-on-year and nicely under the five-year common of roughly 1.78 million bales. Clear kilogram volumes dropped 15.5%, pushed by lowered flock numbers, lighter fleece weights, and dry seasonal circumstances in key areas, particularly Victoria and South Australia.
Regardless of lowered choices, weekly gross sales averaged 31,801 bales. The nationwide pass-in charge lifted to eight.0%, up from 7.2% the season prior, reflecting softer demand. Nonetheless, the Australian greenback averaged US65.0 cents, a 7% decline 12 months on 12 months, which offered essential help for native costs. This weakening has continued into 2025, pushed by President Trump’s return and renewed US exceptionalism coverage choices, which have strengthened the buck. The weaker AUD has enhanced Australian wool’s world competitiveness, helped cushion costs from decline, and stabilised returns for exporters amid in any other case subdued sentiment.
The Japanese Market Indicator (EMI) averaged round 1,167 cents per kilogram, down 5.7% year-on-year and 9.5% under the five-year common. The 18 MPG averaged 1,600 cents for the season, down 3.1% year-on-year and 11% under its five-year common. The 21 MPG held up barely higher, averaging 1,326 cents, a fall of 1.4% and 6.5% under the five-year common. In the meantime, the 28 MPG, representing crossbred wool, averaged 368 cents, down 5.1% on final season however barely above its five-year common of 347 cents. The value unfold between 18 and 21-micron wool narrowed to 222 cents from 274 cents final season, reflecting stronger demand for broader Merino sorts over the oversupplied superfine wool. Sydney’s northern market adopted swimsuit, with 21-micron wools exhibiting firmer purchaser competitors and worth stability.
Western Australia skilled the sharpest manufacturing decline of all wool-producing states in 2024–25, with volumes down 18.8% year-on-year. This displays dry circumstances and land use adjustments as producers reply to shifting authorities coverage. The Western Market Indicator (WMI) has hovered close to 1,280 cents, round 8% under its five-year common, signalling softer sentiment regardless of regular demand for medium Merino at Fremantle auctions. Vendor resistance stays agency, limiting clearance charges.
Public sale turnover for 2024–25 reached $1.94 billion, down from $2.24 billion the earlier season and under the five-year common of round $2.25 billion. The decline displays a mixture of tighter provide and softer costs.
A brilliant spot was the continued elevate in licensed wool premiums. As famous in Mecardo by Andrew Woods, RWS-accredited non-mulesed Merino fleece earned 5–9% premiums, with crossbred fleece reaching 10–20% greater than equal tons. Demand for traceable, sustainable wool could also be a defining characteristic of the market forward.
