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Forward wool trades increasing with auction market lift


THE forward wool market remains supported across the main Merino microns, with activity concentrated in July to November 2026 maturities.

Recent completed trades show continuing buyer interest in 18 to 21 micron wool, with 19 micron trading at 2100c/kg for July, 2235c/kg for August and 2110c/kg for October.

The 21 micron contract has traded at 2055c/kg for July, 2000c/kg for October and 2005c/kg for November.

Screen indications on 24 April point to firm nearby bids in the finer Merino categories, including about 2500c/kg in 17.5 micron for May, around 2460c/kg in 18 micron for May, around 2375c/kg in 18.5 micron for May, 2050c/kg in 19.5 micron for July and 2080c/kg in 19 micron for October.

Outlook

The tone of the board remains constructive. Buyers continue to show interest across the mid and finer Merino categories, while completed trade prices suggest support remains in place for growers looking to hedge into the second half of 2026.

Source – Southern Aurora Markets.



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