The 17th sale of the 2024/25 wool season took place this week, with an offering of 7 507 bales, after 1 041 bales were withdrawn prior to the sale.
Just under 50% of the merino wools on offer were sustainably certified, with the bulk of the total offering being longer length, fine micron wools.
The market delivered a solid performance today, taking into account that the ZAR traded nearly 2% stronger against the US$. Both indicators returned positive results in US$ terms.
The all-merino indicator closed unchanged on R168,89 p/kg, whilst the certified indicator eased slightly by 0,2% to close on R172,71 p/kg.
A highest price of R250,65 p/kg (clean) was paid for a 3-bale lot of 15,6 micron merino wool.
The four biggest buyers on the auction took up very similar volumes, with a good overall sales clearance of 93,3% being achieved.
The Australian market eased slightly by 0,3%(AU$) this week, compared to their previous sale held on Wednesday, 15 January.
The major buyers on this weeks sale were BKB Pinnacle Fibres (1 392), G Modiano SA (1 302), Tianyu SA (1 030) and Stucken & Co (1 013).
The next sale will take place on 5 February 2025 where approximately 10 532 bales will be on offer.
| Key Indicators |
| SA Merino Indicator |
Exchange Rates * |
| Indicator Unit |
This Sale |
Prior Sale |
% Change |
Currency |
This Sale |
Prior Sale |
% Change |
| SA c/kg Clean All Merino |
16889 |
16887 |
0,0 % |
ZAR/US$ * |
18,47 |
18,84 |
1,96 % |
| US c/kg Clean All Merino |
914 |
896 |
2,01 % |
ZAR/Euro * |
19,24 |
19,39 |
0,74 % |
| Euro c/kg Clean All Merino |
878 |
871 |
0,80 % |
ZAR/JPY¥ * |
8,44 |
8,32 |
1,44 % |
| SA c/kg Clean Certified ** |
17271 |
17313 |
0,2 % |
ZAR/UK Pound * |
22,78 |
23,00 |
0,97 % |
| US c/kg Clean Certified ** |
935 |
919 |
1,74 % |
USD/AUD * |
0,6237 |
0,6186 |
0,82 % |
| Euro c/kg Clean Certified ** |
898 |
893 |
0,56 % |
AWEX EMI c/kg Clean |
1186 |
1190 |
0,34 % |
| Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
5,15 % |
* 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) - 202417 |
| 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 |
179,89 |
175,91 |
171,44 |
169,76 |
166,49 |
162,42 |
160,56 |
161,28 |
154,29 |
| Certified Wool (R) Clean |
205,60 |
201,65 |
192,42 |
187,01 |
180,36 |
176,86 |
174,77 |
172,83 |
170,73 |
170,77 |
166,00 |
| % Difference |
- |
- |
6,97 % |
6,31 % |
5,20 % |
4,18 % |
4,97 % |
6,41 % |
6,33 % |
5,88 % |
7,59 % |
| 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 |
2 969 |
35,7 % |
47,8 % |
| Sold |
2 939 |
37,5 % |
47,5 % |
* 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 (202317) |
| Turnover (R) |
92 500 291 |
99 327 642 |
1 929 798 102 |
1 814 582 398 |
| # Bales |
7 007 |
7 918 |
136 273 |
122 977 |
| Mass (kg) |
1 057 997 |
1 192 149 |
20 713 411 |
18 716 890 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2024/25 |
28 115 574 |
2023/24 |
30 317 376 |
7,3 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
5059 |
795 |
4 264 |
83 |
64 |
276 |
3 905 |
91,58 % |
| CMW |
1967 |
140 |
1 827 |
1 |
59 |
62 |
1 764 |
96,55 % |
| JLW |
671 |
0 |
671 |
0 |
0 |
3 |
668 |
99,55 % |
| MAS |
684 |
0 |
684 |
0 |
2 |
2 |
682 |
99,71 % |
| QWB |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| VLW |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| |
| This Week |
8381 |
935 |
7 446 |
84 |
125 |
343 |
7 019 |
94,27 % |
| Previous Week |
9313 |
982 |
8 331 |
1 |
233 |
412 |
7 918 |
95,04 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| BKB Pinnacle Fibres |
1 392 |
19,87 % |
30 706 |
| G Modiano SA |
1 302 |
18,58 % |
29 483 |
| Tianyu SA |
1 030 |
14,7 % |
21 962 |
| Stucken & Co |
1 013 |
14,46 % |
14 750 |
| Standard Wool SA |
890 |
12,7 % |
20 654 |
| Lempriere SA |
713 |
10,18 % |
8 609 |
| Segard Masurel SA |
580 |
8,28 % |
8 606 |
| VBC Wool SA |
85 |
1,21 % |
1 501 |
| Connacher Wool & Mohair |
2 |
0,03 % |
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 |
4 536 |
4 324 |
95,33 % |
5 192 |
5 027 |
96,82 % |
84 583 |
83 572 |
98,8 % |
| Medium |
2 228 |
2 130 |
95,6 % |
2 585 |
2 441 |
94,43 % |
43 373 |
42 278 |
97,48 % |
| Short |
519 |
433 |
83,43 % |
503 |
430 |
85,49 % |
10 147 |
9 682 |
95,42 % |
| Mixed |
89 |
49 |
55,06 % |
35 |
18 |
51,43 % |
1 782 |
410 |
23,01 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
4 857 |
4 639 |
95,51 % |
5 149 |
4 977 |
96,66 % |
90 108 |
87 964 |
97,62 % |
| Medium: 20.1 to 22 |
1 941 |
1 816 |
93,56 % |
2 259 |
2 179 |
96,46 % |
39 299 |
38 009 |
96,72 % |
| Strong: 22.1 to 24 |
469 |
355 |
75,69 % |
572 |
467 |
81,64 % |
7 842 |
7 430 |
94,75 % |
| Over Strong: > 24.1 |
240 |
197 |
82,08 % |
351 |
295 |
84,05 % |
3 117 |
2 870 |
92,08 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
5 303 |
5 066 |
95,53 % |
5 990 |
5 786 |
96,59 % |
105 165 |
103 542 |
98,46 % |
| Bellies |
919 |
866 |
94,23 % |
1 040 |
959 |
92,21 % |
12 217 |
11 927 |
97,63 % |
| Pieces |
591 |
576 |
97,46 % |
715 |
692 |
96,78 % |
12 512 |
12 338 |
98,61 % |
| Locks |
470 |
379 |
80,64 % |
535 |
461 |
86,17 % |
8 208 |
7 726 |
94,13 % |
| Other |
224 |
120 |
53,57 % |
51 |
20 |
39,22 % |
2 264 |
740 |
32,69 % |
| 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 |
186 |
360 |
572 |
994 |
713 |
438 |
270 |
132 |
108 |
41 |
| Medium |
115 |
216 |
276 |
331 |
402 |
184 |
137 |
77 |
45 |
57 |
| Short |
81 |
82 |
58 |
39 |
34 |
23 |
19 |
5 |
7 |
3 |
| Mixed |
0 |
0 |
0 |
0 |
6 |
11 |
0 |
9 |
0 |
0 |
| Style (AWEX) |
|
| Style 4 & Better |
83 |
164 |
197 |
275 |
181 |
159 |
155 |
50 |
40 |
12 |
| Style 5 |
198 |
350 |
328 |
622 |
379 |
231 |
97 |
71 |
40 |
27 |
| Style 6 |
96 |
133 |
359 |
425 |
550 |
226 |
155 |
78 |
61 |
35 |
| Style 7 & Poorer |
5 |
11 |
22 |
41 |
39 |
29 |
19 |
15 |
19 |
27 |
| 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 |
154,64 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
162,20 |
0,00 |
159,16 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
142,52 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
0,00 |
165,05 |
0,00 |
161,41 |
155,47 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
187,12 |
182,80 |
0,00 |
169,61 |
163,69 |
0,00 |
161,06 |
151,20 |
0,00 |
148,63 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
171,35 |
163,02 |
159,21 |
0,00 |
158,43 |
149,87 |
154,13 |
| Certified |
0,00 |
195,97 |
184,73 |
179,99 |
179,63 |
175,23 |
172,82 |
169,61 |
163,72 |
159,56 |
153,47 |
| 70 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
175,48 |
167,99 |
0,00 |
166,97 |
0,00 |
0,00 |
0,00 |
| Certified |
207,73 |
203,39 |
199,29 |
187,35 |
181,16 |
176,80 |
174,33 |
172,57 |
169,40 |
172,19 |
157,07 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
182,46 |
0,00 |
0,00 |
0,00 |
163,09 |
163,15 |
160,86 |
0,00 |
0,00 |
| Certified |
203,55 |
201,09 |
191,94 |
186,65 |
179,68 |
176,79 |
174,50 |
172,81 |
170,10 |
169,90 |
159,81 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
0,00 |
136,62 |
152,91 |
0,00 |
142,22 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
150,46 |
158,08 |
0,00 |
0,00 |
0,00 |
144,09 |
123,08 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
162,64 |
169,09 |
142,88 |
0,00 |
155,48 |
147,21 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
161,02 |
170,84 |
0,00 |
166,75 |
159,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
193,34 |
186,34 |
174,29 |
168,16 |
165,93 |
144,68 |
162,94 |
154,63 |
153,13 |
146,61 |
0,00 |
| Certified |
198,09 |
188,57 |
182,47 |
180,79 |
178,09 |
166,93 |
166,57 |
0,00 |
160,34 |
154,99 |
0,00 |
| 70 mm |
Non-Certified |
195,62 |
184,56 |
173,31 |
171,76 |
168,26 |
161,42 |
159,33 |
158,32 |
157,02 |
157,18 |
154,55 |
| Certified |
0,00 |
192,78 |
182,16 |
177,23 |
178,40 |
170,36 |
168,95 |
172,21 |
166,42 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
180,08 |
187,35 |
180,97 |
173,57 |
166,87 |
164,79 |
161,92 |
161,87 |
160,56 |
147,77 |
0,00 |
| Certified |
200,83 |
196,87 |
186,59 |
171,97 |
178,62 |
169,32 |
174,16 |
169,60 |
163,05 |
155,21 |
0,00 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
138,69 |
133,91 |
0,00 |
122,19 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
128,76 |
0,00 |
0,00 |
120,48 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
167,91 |
0,00 |
149,79 |
0,00 |
0,00 |
122,92 |
0,00 |
113,10 |
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 |
| 60 mm |
Non-Certified |
166,93 |
179,89 |
150,71 |
152,26 |
152,33 |
127,22 |
146,78 |
145,86 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
151,54 |
137,18 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
185,67 |
176,03 |
163,19 |
156,43 |
146,01 |
144,38 |
151,45 |
140,10 |
0,00 |
157,17 |
0,00 |
| Certified |
0,00 |
181,82 |
155,13 |
147,80 |
152,62 |
148,36 |
153,85 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
177,37 |
160,93 |
160,83 |
140,79 |
154,29 |
153,13 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
200,73 |
169,47 |
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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