After falling last week for the first time in a month, the Australian wool market has bounced back this series, with positive movements felt across all sectors of the market. The national quantity reduced by 1,354 bales for a total of 29,668 bales. The total offering compared to the previous season continues to fall, this year there has been 8,030 fewer bales put through the auction system, a reduction of 2.2%. The largest rises were felt in the finer microns. The individual Micron Price Guides (MPGs) for 19.0 micron and finer gained between 20 and 55 cents nationally. 19.5 micron and coarser still enjoyed solid rises, in this range the MPGs rose by 19 to 35 cents. The AWEX Eastern Market Indicator (EMI) gained 26 cents for the series, breaking back through the 1,000-cent mark, closing the week at 1,022 cents. This was a 2.6% rise, due to minimal currency movement, when viewed in USD terms, the rise in the EMI was very similar (2.7%). The EMI has now risen for four out of the last five selling series, gaining a total of 164 cents over this period. Sellers were keen to accept the increased prices on offer, the national passed in rate was only 5.1%, this was 12.7% lower than the previous series. The skirting market again followed the lead of the merino fleece, recording solid increases across all microns and descriptions, generally between 30 and 50 cents, 18.0 micron and finer most affected. All crossbred MPGs posted rises for the series, of between 15 and 30 cents. The 30 cent increases in the 30.0 micron MPG in the South, was the largest movement of the series (7.5%). Next week’s national offering increases slightly to 30,468 bales. Sydney and Melbourne will be in operation over both days, with Sydney a designated Superfine sale. Fremantle only requires one day of selling (Wednesday).