Understanding the Role of AWEX Wool Price Reporting

November 28, 2025

Wool is a globally traded commodity, influenced by exchange rates, trade policies, tariffs, and global supply and demand. Given that roughly 60% of U.S. wool is exported, understanding the global market and tracking market prices is crucial for producers, buyers, and industry members to make informed decisions.

Although reports on domestic sales are limited, the Australian Wool Exchange-Eastern Market Indicator (AWEX-EMI) provides key insight into the larger global wool market. ASI shares Australian wool market information because Australia remains the dominant player in the global wool trade and because the AWEX-EMI is consistently reported. Their auction results serve as the primary price-setting mechanism for wools worldwide. Tracking the Australian market helps U.S. producers understand price trends, buyer behavior, and competitive conditions that directly affect American wool prices.

Learn more about the AWEX-EMI and global wool prices at iwto.org/understanding-the-awex-eastern-market-indicator/

Current sheep, lamb, and wool market summaries are available at www.sheepusa.org/market-info/market-summary

Source: ASI

Understanding the Role of AWEX Wool Price Reporting

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