The 2024/25 wool selling season continued this week, with a larger offering of 11 534 bales, after 550 bales were withdrawn prior to the sale.
Around 65% of the offering consisted of fine micron, long length wools, with 51% of the merino wools offered being certified as sustainable.
The market had a solid performance this week, driven by a weaker ZAR against the US$, as well as better market sentiment. The good competition resulted in positive results across all micron categories, with an excellent overall sales clearance of 98,4%
The all-merino indicator increased by 2,9% to close on R164,30 p/kg, whilst the certified indicator gained 3% to close on R166,88 p/kg.
A highest price of R333,91 p/kg (clean) was paid for a two bale lot of 15,1 micron merino wool.
The Australian market had a good performance this week and gained 0,88% (AU$) from their previous sale held on Thursday, 7 November.
The major buyers on this weeks sale were BKB Pinnacle Fibres (2 680), G Modiano SA (2 316), Standard Wool SA (1 964) and Tianyu SA (1 812).
The next sale will take place on 20 November 2024 where approximately 11 550 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 |
16430 |
15968 |
2,9 % |
ZAR/US$ * |
18,01 |
17,66 |
1,98 % |
| US c/kg Clean All Merino |
912 |
904 |
0,88 % |
ZAR/Euro * |
19,11 |
18,97 |
0,74 % |
| Euro c/kg Clean All Merino |
860 |
842 |
2,14 % |
ZAR/JPY¥ * |
8,58 |
8,73 |
1,63 % |
| SA c/kg Clean Certified ** |
16688 |
16201 |
3,0 % |
ZAR/UK Pound * |
23,00 |
22,69 |
1,37 % |
| US c/kg Clean Certified ** |
927 |
917 |
1,09 % |
USD/AUD * |
0,6517 |
0,6566 |
0,75 % |
| Euro c/kg Clean Certified ** |
873 |
854 |
2,22 % |
AWEX EMI c/kg Clean |
1142 |
1132 |
0,88 % |
| Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
4,94 % |
* 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) - 202412 |
| 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 |
198,88 |
189,11 |
180,36 |
171,71 |
166,37 |
163,33 |
159,74 |
156,61 |
154,63 |
152,12 |
149,89 |
| Certified Wool (R) Clean |
207,49 |
198,00 |
190,43 |
182,27 |
175,71 |
170,88 |
167,46 |
163,44 |
162,07 |
159,30 |
155,69 |
| % Difference |
4,33 % |
4,70 % |
5,58 % |
6,15 % |
5,61 % |
4,62 % |
4,83 % |
4,36 % |
4,81 % |
4,72 % |
3,87 % |
| 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 |
5 390 |
43,6 % |
51,3 % |
| Sold |
5 345 |
43,6 % |
50,8 % |
* 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 (202312) |
| Turnover (R) |
159 455 084 |
118 363 591 |
1 324 085 374 |
1 085 671 504 |
| # Bales |
11 347 |
8 555 |
90 575 |
71 616 |
| Mass (kg) |
1 708 025 |
1 299 708 |
13 833 285 |
10 950 544 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2024/25 |
19 611 795 |
2023/24 |
20 109 800 |
2,5 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
8050 |
545 |
7 505 |
56 |
7 |
24 |
7 425 |
98,93 % |
| CMW |
2229 |
0 |
2 229 |
0 |
2 |
6 |
2 223 |
99,73 % |
| JLW |
425 |
0 |
425 |
2 |
3 |
3 |
420 |
98,82 % |
| MAS |
1108 |
2 |
1 106 |
0 |
2 |
2 |
1 104 |
99,82 % |
| QWB |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| VLW |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| |
| This Week |
11812 |
547 |
11 265 |
58 |
14 |
35 |
11 172 |
99,17 % |
| Previous Week |
9667 |
900 |
8 767 |
51 |
128 |
161 |
8 555 |
97,58 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| BKB Pinnacle Fibres |
2 680 |
23,62 % |
19 530 |
| G Modiano SA |
2 316 |
20,41 % |
20 889 |
| Standard Wool SA |
1 964 |
17,31 % |
14 157 |
| Tianyu SA |
1 812 |
15,97 % |
14 705 |
| Stucken & Co |
1 200 |
10,58 % |
9 316 |
| Lempriere SA |
722 |
6,36 % |
5 130 |
| Segard Masurel SA |
628 |
5,53 % |
5 611 |
| VBC Wool SA |
25 |
0,22 % |
1 237 |
| |
0 |
0 % |
0 |
| Sale Analysis (Length, Micron & Class - Bales) |
|
This Sale |
Previous Sale |
Accumulative |
|
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
| All Wool |
|
|
|
|
|
|
|
|
|
| Length |
|
|
|
|
|
|
|
|
|
| Long |
7 382 |
7 301 |
98,9 % |
5 125 |
5 005 |
97,66 % |
54 678 |
53 985 |
98,73 % |
| Medium |
3 352 |
3 303 |
98,54 % |
2 950 |
2 849 |
96,58 % |
29 680 |
28 727 |
96,79 % |
| Short |
683 |
634 |
92,83 % |
612 |
589 |
96,24 % |
7 575 |
7 224 |
95,37 % |
| Mixed |
77 |
75 |
97,4 % |
31 |
30 |
96,77 % |
1 643 |
397 |
24,16 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
7 500 |
7 394 |
98,59 % |
5 550 |
5 421 |
97,68 % |
59 925 |
58 182 |
97,09 % |
| Medium: 20.1 to 22 |
3 164 |
3 122 |
98,67 % |
2 379 |
2 264 |
95,17 % |
26 828 |
25 709 |
95,83 % |
| Strong: 22.1 to 24 |
642 |
625 |
97,35 % |
734 |
710 |
96,73 % |
5 120 |
4 867 |
95,06 % |
| Over Strong: > 24.1 |
228 |
206 |
90,35 % |
171 |
160 |
93,57 % |
1 999 |
1 817 |
90,9 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
8 939 |
8 864 |
99,16 % |
6 745 |
6 546 |
97,05 % |
69 790 |
68 557 |
98,23 % |
| Bellies |
1 028 |
988 |
96,11 % |
769 |
760 |
98,83 % |
7 601 |
7 385 |
97,16 % |
| Pieces |
823 |
810 |
98,42 % |
703 |
696 |
99 % |
8 805 |
8 609 |
97,77 % |
| Locks |
627 |
576 |
91,87 % |
462 |
433 |
93,72 % |
5 736 |
5 386 |
93,9 % |
| Other |
117 |
109 |
93,16 % |
155 |
120 |
77,42 % |
1 940 |
638 |
32,89 % |
| 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 |
322 |
524 |
841 |
1 513 |
1 281 |
886 |
480 |
308 |
238 |
165 |
| Medium |
312 |
422 |
476 |
586 |
387 |
264 |
143 |
120 |
56 |
40 |
| Short |
127 |
155 |
86 |
64 |
44 |
14 |
9 |
18 |
26 |
5 |
| Mixed |
0 |
0 |
0 |
0 |
0 |
4 |
1 |
15 |
12 |
0 |
| Style (AWEX) |
|
| Style 4 & Better |
153 |
217 |
269 |
299 |
303 |
214 |
176 |
48 |
60 |
52 |
| Style 5 |
441 |
613 |
674 |
1 022 |
785 |
570 |
214 |
163 |
99 |
64 |
| Style 6 |
165 |
261 |
422 |
760 |
561 |
355 |
225 |
193 |
137 |
86 |
| Style 7 & Poorer |
2 |
10 |
32 |
82 |
63 |
25 |
17 |
42 |
24 |
8 |
| 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 |
164,41 |
154,26 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
160,57 |
0,00 |
156,30 |
165,42 |
150,19 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
0,00 |
169,91 |
163,54 |
161,29 |
157,45 |
149,62 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
186,65 |
171,29 |
165,20 |
160,90 |
152,27 |
153,82 |
0,00 |
149,58 |
143,80 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
171,15 |
168,49 |
161,32 |
157,44 |
152,40 |
0,00 |
147,58 |
0,00 |
| Certified |
0,00 |
191,22 |
182,04 |
176,52 |
172,13 |
170,03 |
165,34 |
161,19 |
157,81 |
0,00 |
153,51 |
| 70 mm |
Non-Certified |
199,32 |
0,00 |
182,56 |
173,48 |
170,96 |
165,05 |
162,00 |
157,94 |
152,48 |
0,00 |
150,37 |
| Certified |
211,28 |
202,71 |
196,12 |
181,71 |
174,24 |
174,28 |
166,84 |
164,76 |
161,69 |
158,56 |
154,27 |
| 80 mm |
Non-Certified |
0,00 |
203,00 |
186,27 |
174,74 |
170,54 |
164,72 |
161,20 |
157,36 |
153,61 |
153,35 |
149,58 |
| Certified |
209,54 |
196,44 |
196,01 |
184,20 |
177,72 |
172,71 |
166,47 |
164,28 |
161,33 |
159,08 |
153,53 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
164,15 |
148,11 |
144,99 |
143,34 |
129,45 |
140,02 |
0,00 |
140,27 |
0,00 |
0,00 |
0,00 |
| Certified |
165,80 |
155,62 |
149,91 |
0,00 |
0,00 |
146,81 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
186,18 |
165,88 |
160,29 |
154,58 |
153,12 |
142,22 |
143,94 |
142,77 |
139,00 |
0,00 |
0,00 |
| Certified |
188,51 |
177,06 |
166,30 |
169,44 |
159,74 |
155,07 |
157,60 |
150,46 |
0,00 |
142,08 |
0,00 |
| 60 mm |
Non-Certified |
193,37 |
190,04 |
173,67 |
173,36 |
161,07 |
159,88 |
147,92 |
150,58 |
150,68 |
0,00 |
0,00 |
| Certified |
199,87 |
187,13 |
184,08 |
175,75 |
169,09 |
166,76 |
164,26 |
157,84 |
156,74 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
196,02 |
184,71 |
176,51 |
169,86 |
164,15 |
158,93 |
155,83 |
153,00 |
149,16 |
0,00 |
0,00 |
| Certified |
206,85 |
193,97 |
184,68 |
177,15 |
169,21 |
170,17 |
160,05 |
159,01 |
159,42 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
189,89 |
180,59 |
165,76 |
165,60 |
161,23 |
158,89 |
156,38 |
152,29 |
151,51 |
0,00 |
| Certified |
210,87 |
189,54 |
185,39 |
174,75 |
171,38 |
169,65 |
164,14 |
160,02 |
159,86 |
159,47 |
152,89 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
0,00 |
161,05 |
0,00 |
137,57 |
0,00 |
0,00 |
0,00 |
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 |
166,42 |
164,25 |
0,00 |
146,54 |
130,95 |
118,90 |
135,06 |
0,00 |
126,85 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
151,39 |
0,00 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
174,69 |
170,54 |
180,59 |
163,81 |
139,97 |
145,92 |
141,40 |
128,45 |
137,40 |
0,00 |
141,23 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
135,32 |
131,42 |
134,64 |
154,38 |
154,77 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
177,48 |
168,01 |
156,02 |
150,89 |
147,12 |
145,10 |
138,91 |
145,89 |
138,58 |
0,00 |
| Certified |
199,89 |
124,01 |
168,50 |
0,00 |
0,00 |
157,64 |
153,30 |
141,24 |
154,54 |
146,70 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
190,00 |
162,28 |
167,54 |
163,42 |
151,73 |
152,64 |
150,39 |
150,17 |
148,01 |
138,48 |
| Certified |
198,73 |
0,00 |
160,13 |
0,00 |
165,80 |
162,26 |
0,00 |
152,12 |
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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