After a week’s recess in wool sales, the 27th sale of the 2024/25 season took place this week.
A total of 8 565 bales were on offer, after 607 bales were withdrawn prior to the sale. Although 69% of the offering tested 20 micron and finer, the bulk of the offering consisted of medium length wools. Producer lots made up just under 40% of the offering, resulting in a low volume of 45,6% (of merino wools) of sustainably certified wools.
The ZAR traded variably across the two-day sale, but ultimately averaged 1,6% weaker against the US$.
Considering the current uncertain global trading environment, the market delivered very good results today, especially for the sustainably certified wools, with an overall sales clearance of 92,3%
The all-merino indicator rose by 2,6% to close on R189,65 p/kg, whilst the certified indicator increased by 3% to close on R194,92 p/kg.
A highest price of R289,38 p/kg was paid for a single bale lot of 15,4 micron merino fleece wool.
The Australian market retracted considerably this week and closed down 2,3% (AU$) from the previous sale held on Wednesday, 9 April.
The major buyers on this week's sale were G Modiano SA (1 846), Standard Wool SA (1 559), BKB Pinnacle Fibres (1 488) and Tianyu SA (1 166).
The next sale will take place on 30 April 2025 where approximately 9 361 bales will be on offer.
| Key Indicators |
| SA Merino Indicator |
Exchange Rates * |
| Indicator Unit |
This Sale |
Prior Sale |
% Change |
Currency |
This Sale |
Prior Sale |
% Change |
| SA c/kg Clean All Merino |
18965 |
18480 |
2,6 % |
ZAR/US$ * |
18,90 |
18,60 |
1,61 % |
| US c/kg Clean All Merino |
1003 |
994 |
0,91 % |
ZAR/Euro * |
21,39 |
20,06 |
6,62 % |
| Euro c/kg Clean All Merino |
887 |
921 |
3,69 % |
ZAR/JPY¥ * |
7,57 |
8,05 |
5,98 % |
| SA c/kg Clean Certified ** |
19492 |
18931 |
3,0 % |
ZAR/UK Pound * |
24,98 |
24,02 |
3,98 % |
| US c/kg Clean Certified ** |
1031 |
1018 |
1,28 % |
USD/AUD * |
0,6343 |
0,6280 |
1,00 % |
| Euro c/kg Clean Certified ** |
911 |
944 |
3,50 % |
AWEX EMI c/kg Clean |
1232 |
1262 |
2,38 % |
| Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
10,09 % |
* Exchange rate values quoted above is based on an average of rate points recorded for the duration of the sale.
** Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
*** Selection: Merino Fleece | MF4 & MF5 | VM < 1,6 | NKT > 28 | >67mm | Minimum of 3 Lots Sold
|
| Merino Fleece | MF4 & MF5 | VM < 1,6 | NKT > 28 | >67mm | Minimum of 3 Lots Sold |
| Percentage Difference Between All Non-Certified and Certified Merino Fleece Wools Sold (Average Price) - 202427 |
| Micron Category |
17.0 |
17.5 |
18.0 |
18.5 |
19.0 |
19.5 |
20.0 |
20.5 |
21.0 |
21.5 |
22.0 |
| Non-Certified Wool (R) Clean |
0,00 |
0,00 |
191,07 |
186,24 |
182,54 |
181,78 |
179,96 |
177,56 |
175,00 |
0,00 |
0,00 |
| Certified Wool (R) Clean |
215,17 |
210,11 |
214,06 |
211,58 |
207,16 |
201,16 |
197,67 |
196,45 |
195,26 |
193,66 |
191,72 |
| % Difference |
- |
- |
12,03 % |
13,61 % |
13,49 % |
10,66 % |
9,84 % |
10,64 % |
11,58 % |
- |
- |
| Merino Wool Indicator excluding Certified Certified Wools (R/kg Clean) |
0,00 |
|
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
|
| * Certified Sustainable Wool (Bales) |
|
|
% Share ** |
|
Total |
All Wool |
Merino Wool |
| Offered |
3 433 |
37,6 % |
45,8 % |
| Sold |
3 035 |
36,8 % |
41,5 % |
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
** Calculated on unique sustainable standard identifiers
|
| Sale Statistics (Greasy) |
|
This Sale |
Accumulative |
|
This Week |
Previous Week |
This Season |
Previous Season (202327) |
| Turnover (R) |
115 237 356 |
118 310 786 |
3 184 711 580 |
3 165 640 222 |
| # Bales |
7 908 |
7 546 |
224 769 |
216 803 |
| Mass (kg) |
1 226 801 |
1 194 228 |
34 509 435 |
33 483 469 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2024/25 |
41 589 117 |
2023/24 |
41 570 839 |
0,0 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
6203 |
538 |
5 665 |
115 |
395 |
515 |
5 035 |
88,88 % |
| CMW |
2066 |
66 |
2 000 |
10 |
3 |
10 |
1 980 |
99 % |
| JLW |
124 |
3 |
121 |
0 |
0 |
0 |
121 |
100 % |
| MAS |
636 |
0 |
636 |
0 |
0 |
0 |
636 |
100 % |
| QWB |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| VLW |
86 |
0 |
86 |
0 |
0 |
0 |
86 |
100 % |
| |
| This Week |
9115 |
607 |
8 508 |
125 |
398 |
525 |
7 858 |
92,36 % |
| Previous Week |
8082 |
585 |
7 497 |
13 |
55 |
72 |
7 412 |
98,87 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| G Modiano SA |
1 846 |
23,34 % |
47 233 |
| Standard Wool SA |
1 559 |
19,71 % |
38 010 |
| BKB Pinnacle Fibres |
1 488 |
18,82 % |
49 149 |
| Tianyu SA |
1 166 |
14,74 % |
34 547 |
| Stucken & Co |
932 |
11,79 % |
25 899 |
| Segard Masurel SA |
600 |
7,59 % |
13 971 |
| Lempriere SA |
209 |
2,64 % |
13 654 |
| VBC Wool SA |
108 |
1,37 % |
2 304 |
| Connacher Wool & Mohair |
0 |
0 % |
2 |
| Sale Analysis (Length, Micron & Class - Bales) |
|
This Sale |
Previous Sale |
Accumulative |
|
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
| All Wool |
|
|
|
|
|
|
|
|
|
| Length |
|
|
|
|
|
|
|
|
|
| Long |
3 495 |
3 270 |
93,56 % |
4 081 |
4 077 |
99,9 % |
135 101 |
134 028 |
99,21 % |
| Medium |
3 758 |
3 525 |
93,8 % |
2 731 |
2 651 |
97,07 % |
73 950 |
72 346 |
97,83 % |
| Short |
1 179 |
1 079 |
91,52 % |
870 |
817 |
93,91 % |
17 318 |
16 547 |
95,55 % |
| Mixed |
119 |
28 |
23,53 % |
7 |
1 |
14,29 % |
1 793 |
545 |
30,4 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
5 877 |
5 550 |
94,44 % |
5 525 |
5 471 |
99,02 % |
152 472 |
150 085 |
98,43 % |
| Medium: 20.1 to 22 |
2 091 |
1 902 |
90,96 % |
1 666 |
1 612 |
96,76 % |
61 386 |
59 781 |
97,39 % |
| Strong: 22.1 to 24 |
342 |
317 |
92,69 % |
359 |
333 |
92,76 % |
10 918 |
10 466 |
95,86 % |
| Over Strong: > 24.1 |
255 |
139 |
54,51 % |
139 |
130 |
93,53 % |
4 862 |
4 437 |
91,26 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
5 959 |
5 542 |
93 % |
5 859 |
5 793 |
98,87 % |
169 508 |
167 421 |
98,77 % |
| Bellies |
958 |
916 |
95,62 % |
718 |
691 |
96,24 % |
21 804 |
21 336 |
97,85 % |
| Pieces |
754 |
724 |
96,02 % |
560 |
554 |
98,93 % |
21 514 |
21 332 |
99,15 % |
| Locks |
760 |
691 |
90,92 % |
544 |
506 |
93,01 % |
13 511 |
12 802 |
94,75 % |
| Other |
134 |
35 |
26,12 % |
8 |
2 |
25 % |
3 301 |
1 878 |
56,89 % |
| Analysis of Bales Sold (Micron, Length & Style) |
|
<=18.0 |
18.5 |
19.0 |
19.5 |
20.0 |
20.5 |
21.0 |
21.5 |
22.0 |
>=22.5 |
| Length |
|
| Long |
145 |
315 |
582 |
758 |
492 |
257 |
140 |
82 |
70 |
40 |
| Medium |
334 |
349 |
556 |
509 |
491 |
359 |
208 |
126 |
80 |
45 |
| Short |
158 |
192 |
158 |
107 |
143 |
106 |
25 |
25 |
13 |
4 |
| Mixed |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
0 |
0 |
0 |
| Style (AWEX) |
|
| Style 4 & Better |
48 |
74 |
115 |
157 |
152 |
124 |
63 |
15 |
3 |
5 |
| Style 5 |
452 |
549 |
705 |
681 |
489 |
322 |
185 |
104 |
86 |
32 |
| Style 6 |
121 |
203 |
385 |
386 |
306 |
133 |
81 |
78 |
53 |
33 |
| Style 7 & Poorer |
16 |
30 |
91 |
150 |
179 |
143 |
44 |
36 |
21 |
19 |
| Average price of Wool Sold (Micron, Style & Length - Clean) |
|
|
17.0 |
17.5 |
18.0 |
18.5 |
19.0 |
19.5 |
20.0 |
20.5 |
21.0 |
21.5 |
22.0 |
| Merino Fleece, AWEX Style 4 - MF4 |
| 40 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
155,94 |
0,00 |
148,67 |
0,00 |
151,07 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
188,72 |
0,00 |
0,00 |
0,00 |
175,88 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
201,29 |
196,10 |
188,47 |
187,05 |
179,15 |
177,76 |
180,26 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
189,86 |
0,00 |
173,83 |
0,00 |
0,00 |
177,87 |
0,00 |
| Certified |
231,04 |
203,13 |
0,00 |
203,07 |
205,33 |
197,54 |
191,63 |
193,75 |
191,04 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
199,64 |
0,00 |
0,00 |
0,00 |
0,00 |
180,81 |
180,06 |
180,09 |
0,00 |
0,00 |
0,00 |
| Certified |
225,32 |
222,90 |
224,94 |
0,00 |
203,69 |
199,09 |
196,99 |
197,68 |
195,30 |
191,85 |
193,04 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
183,03 |
178,37 |
180,73 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
236,10 |
221,33 |
217,40 |
209,15 |
198,29 |
0,00 |
196,17 |
199,87 |
0,00 |
0,00 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
0,00 |
144,22 |
138,20 |
132,06 |
158,89 |
0,00 |
125,37 |
126,65 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
161,75 |
148,84 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
195,55 |
202,95 |
178,16 |
167,60 |
0,00 |
171,55 |
166,27 |
159,49 |
0,00 |
0,00 |
0,00 |
| Certified |
200,29 |
194,04 |
195,80 |
185,04 |
188,10 |
0,00 |
181,34 |
175,67 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
197,88 |
184,78 |
184,41 |
185,43 |
174,92 |
175,26 |
172,24 |
173,04 |
0,00 |
0,00 |
0,00 |
| Certified |
211,31 |
0,00 |
204,85 |
195,27 |
193,32 |
0,00 |
189,22 |
186,68 |
184,41 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
204,49 |
189,85 |
191,53 |
169,52 |
182,73 |
175,22 |
173,07 |
177,81 |
185,75 |
183,45 |
0,00 |
| Certified |
206,88 |
211,81 |
206,85 |
207,47 |
202,22 |
198,10 |
197,42 |
194,45 |
0,00 |
189,92 |
0,00 |
| 80 mm |
Non-Certified |
203,50 |
199,74 |
195,64 |
186,70 |
183,75 |
181,64 |
179,18 |
176,45 |
179,65 |
0,00 |
0,00 |
| Certified |
0,00 |
194,73 |
211,79 |
212,93 |
203,21 |
200,99 |
197,27 |
190,87 |
194,54 |
190,52 |
0,00 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
119,75 |
0,00 |
123,42 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
0,00 |
165,54 |
0,00 |
127,06 |
128,58 |
160,36 |
0,00 |
150,48 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
179,43 |
0,00 |
163,47 |
158,95 |
151,42 |
154,66 |
0,00 |
0,00 |
141,05 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
181,45 |
0,00 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
157,67 |
166,39 |
178,52 |
142,71 |
159,33 |
165,21 |
161,22 |
134,95 |
0,00 |
174,53 |
| Certified |
0,00 |
0,00 |
206,56 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
170,35 |
178,20 |
175,05 |
0,00 |
175,88 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
|
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
|
| Market Indicators - South Africa and Australia |
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| Micron Category Comparisons - South Africa VS Australia |
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