Markets

Fine wool leads in renewed forward trading activity

From Southern Aurora Markets' Andrew Gooley March 27, 2026

FORWARD wool trading activity picked up this week, with support again strongest in the finer microns.

Two 19 micron trades were completed for 3 June 2026; one at 2100c/kg for 5000kg and another at 2020c/kg for 2000kg.

The broader forward screen is still showing interest across 17 to 20 micron, with the best depth in 19 micron. While the softer physical market has weighed on confidence a little, support is still there at selected dates and levels, especially in the finer end.

Indicative forward levels (c/kg)

Outlook – near-term sentiment cautious

The auction market eased again this week, although better-style and well-measured wool is still finding support. Demand remains selective, particularly outside the finer microns.

That said, the forward market is still active enough to show there is interest when pricing lines up. This week’s 19 micron trades were a positive sign and show buyers are still prepared to step in for quality finer wool at workable levels. Near-term sentiment remains cautious, but support in the finer microns is still there.

Source – Southern Aurora Markets.

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