This week at wool auctions was relatively uneventful. A stable commencement was followed by a mid week rise and then a final day of consolidation. Prices remain in very high percentile bands across the entire Merino sector. Buyer purchasing intensity remains high, and reports of new business being written is a daily occurrence. The Eastern Market Indicator (EMI) continues to reach new high levels and topped out the week at 1449ac clean/kg, a 9ac or 0.63% gain. In USD, the EMI added 3usc to 1114usc clean per kg.