The 23rd sale of the 2024/25 wool season took place today, with an offering of 7 377 bales.
The offering consisted predominantly of fine micron (20 micron and finer) wools, with 48,8% of the merino wools offered being certified as sustainable. Non-producer lots once again accounted for the lower percentage of certified wools on offer.
The market continued on its upward trend, following the positive market sentiment emanating from Australia, despite the market having to contend with a stronger ZAR against the US$.
The market delivered very good results today, with improved competition for the certified wools on offer and the market achieved an overall sales clearance of 97,6%.
The all-merino indicator rose by 3,1% to close on R182.02 p/kg, whilst the certified indicator gained 3,6% to close on R186,35 p/kg.
A highest price of R252,54 p/kg (clean) was paid for a single bale lot of 16,5 micron merino wool.
The Australian market had another strong performance this week and closed 1,1% (AU$) up from their pervious sale held on Wednesday, 5 March.
The major buyers on today’s sale were G Modiano SA (2 247), BKB Pinnacle Fibres (1 268), Standard Wool SA (1 111) and Stucken & Co (976).
The next sale will take place on 19 March 2025 where approximately 9 226 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 |
18202 |
17659 |
3,1 % |
ZAR/US$ * |
18,34 |
18,42 |
0,43 % |
| US c/kg Clean All Merino |
992 |
959 |
3,44 % |
ZAR/Euro * |
19,95 |
19,55 |
2,06 % |
| Euro c/kg Clean All Merino |
912 |
903 |
1,00 % |
ZAR/JPY¥ * |
8,11 |
8,07 |
0,49 % |
| SA c/kg Clean Certified ** |
18635 |
17982 |
3,6 % |
ZAR/UK Pound * |
23,69 |
23,57 |
0,51 % |
| US c/kg Clean Certified ** |
1016 |
976 |
4,10 % |
USD/AUD * |
0,6268 |
0,6224 |
0,71 % |
| Euro c/kg Clean Certified ** |
934 |
920 |
1,52 % |
AWEX EMI c/kg Clean |
1239 |
1225 |
1,14 % |
| Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
8,95 % |
* 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) - 202423 |
| 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 |
191,09 |
184,92 |
180,51 |
177,60 |
174,19 |
171,58 |
170,32 |
171,53 |
0,00 |
0,00 |
| Certified Wool (R) Clean |
225,72 |
220,30 |
205,79 |
198,19 |
193,70 |
191,35 |
188,99 |
187,50 |
186,77 |
182,20 |
179,13 |
| % Difference |
- |
15,29 % |
11,29 % |
9,79 % |
9,07 % |
9,85 % |
10,15 % |
10,09 % |
8,88 % |
- |
- |
| 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 |
3 010 |
41,1 % |
46,9 % |
| Sold |
3 000 |
41,5 % |
46,8 % |
* 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 (202323) |
| Turnover (R) |
110 794 677 |
154 756 156 |
2 732 542 900 |
2 631 023 680 |
| # Bales |
7 199 |
10 251 |
194 691 |
181 895 |
| Mass (kg) |
1 149 639 |
1 611 327 |
29 777 391 |
27 890 101 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2024/25 |
37 295 989 |
2023/24 |
37 990 006 |
1,8 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
4936 |
534 |
4 402 |
1 |
6 |
74 |
4 327 |
98,3 % |
| CMW |
1856 |
0 |
1 856 |
0 |
0 |
0 |
1 856 |
100 % |
| JLW |
293 |
0 |
293 |
0 |
0 |
3 |
290 |
98,98 % |
| MAS |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| QWB |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| VLW |
247 |
0 |
247 |
0 |
0 |
0 |
247 |
100 % |
| |
| This Week |
7332 |
534 |
6 798 |
1 |
6 |
77 |
6 720 |
98,85 % |
| Previous Week |
10412 |
634 |
9 778 |
99 |
75 |
154 |
9 525 |
97,41 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| G Modiano SA |
2 247 |
31,21 % |
40 819 |
| BKB Pinnacle Fibres |
1 268 |
17,61 % |
42 603 |
| Standard Wool SA |
1 111 |
15,43 % |
32 629 |
| Stucken & Co |
976 |
13,56 % |
22 188 |
| Tianyu SA |
703 |
9,77 % |
30 656 |
| Lempriere SA |
531 |
7,38 % |
12 047 |
| Segard Masurel SA |
363 |
5,04 % |
11 819 |
| VBC Wool SA |
0 |
0 % |
1 928 |
| 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 |
4 194 |
4 158 |
99,14 % |
6 610 |
6 467 |
97,84 % |
119 082 |
118 120 |
99,19 % |
| Medium |
2 548 |
2 468 |
96,86 % |
3 046 |
2 891 |
94,91 % |
62 752 |
61 421 |
97,88 % |
| Short |
495 |
444 |
89,7 % |
932 |
856 |
91,85 % |
13 974 |
13 369 |
95,67 % |
| Mixed |
15 |
4 |
26,67 % |
87 |
37 |
42,53 % |
1 635 |
490 |
29,97 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
5 601 |
5 507 |
98,32 % |
7 084 |
6 909 |
97,53 % |
130 413 |
128 276 |
98,36 % |
| Medium: 20.1 to 22 |
1 601 |
1 525 |
95,25 % |
2 997 |
2 830 |
94,43 % |
54 381 |
53 040 |
97,53 % |
| Strong: 22.1 to 24 |
130 |
130 |
100 % |
384 |
339 |
88,28 % |
9 901 |
9 473 |
95,68 % |
| Over Strong: > 24.1 |
45 |
37 |
82,22 % |
210 |
173 |
82,38 % |
4 208 |
3 902 |
92,73 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
5 120 |
5 038 |
98,4 % |
7 692 |
7 464 |
97,04 % |
147 107 |
145 386 |
98,83 % |
| Bellies |
823 |
781 |
94,9 % |
987 |
905 |
91,69 % |
18 585 |
18 146 |
97,64 % |
| Pieces |
941 |
941 |
100 % |
1 209 |
1 190 |
98,43 % |
18 761 |
18 616 |
99,23 % |
| Locks |
353 |
310 |
87,82 % |
692 |
647 |
93,5 % |
11 325 |
10 734 |
94,78 % |
| Other |
140 |
129 |
92,14 % |
95 |
45 |
47,37 % |
3 125 |
1 809 |
57,89 % |
| 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 |
168 |
309 |
719 |
1 106 |
930 |
324 |
101 |
46 |
52 |
52 |
| Medium |
114 |
251 |
379 |
531 |
494 |
189 |
184 |
58 |
52 |
9 |
| Short |
60 |
89 |
58 |
28 |
49 |
46 |
9 |
4 |
0 |
0 |
| Mixed |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Style (AWEX) |
|
| Style 4 & Better |
60 |
78 |
101 |
166 |
291 |
132 |
69 |
22 |
47 |
12 |
| Style 5 |
221 |
397 |
764 |
938 |
732 |
242 |
105 |
45 |
21 |
19 |
| Style 6 |
58 |
180 |
255 |
464 |
283 |
125 |
67 |
19 |
35 |
27 |
| Style 7 & Poorer |
3 |
12 |
52 |
132 |
203 |
60 |
53 |
22 |
1 |
3 |
| 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 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
156,76 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 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 |
0,00 |
0,00 |
191,64 |
183,40 |
179,18 |
177,48 |
0,00 |
163,78 |
165,41 |
173,14 |
168,18 |
| 60 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
172,97 |
169,36 |
0,00 |
166,87 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
200,95 |
194,05 |
193,42 |
190,56 |
187,81 |
184,56 |
181,02 |
0,00 |
166,83 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
0,00 |
183,66 |
185,99 |
0,00 |
172,74 |
171,58 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
203,04 |
195,40 |
193,63 |
190,49 |
190,60 |
189,28 |
184,44 |
0,00 |
181,25 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
183,59 |
0,00 |
0,00 |
0,00 |
172,15 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
226,44 |
235,59 |
0,00 |
0,00 |
195,68 |
191,45 |
0,00 |
185,42 |
185,13 |
0,00 |
0,00 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
0,00 |
164,69 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
170,29 |
0,00 |
152,87 |
172,16 |
0,00 |
0,00 |
0,00 |
0,00 |
150,49 |
0,00 |
| 50 mm |
Non-Certified |
170,74 |
172,96 |
0,00 |
170,01 |
0,00 |
161,84 |
151,54 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
203,50 |
184,79 |
186,90 |
0,00 |
173,50 |
179,98 |
162,97 |
0,00 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
186,13 |
182,96 |
170,19 |
178,85 |
167,52 |
152,15 |
136,43 |
166,19 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
198,56 |
196,43 |
190,70 |
189,53 |
183,13 |
178,99 |
181,08 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
191,96 |
187,80 |
181,70 |
174,65 |
174,34 |
160,71 |
160,98 |
155,45 |
169,51 |
0,00 |
0,00 |
| Certified |
213,13 |
201,51 |
199,75 |
196,35 |
171,99 |
187,45 |
188,06 |
183,38 |
175,17 |
179,87 |
152,61 |
| 80 mm |
Non-Certified |
197,83 |
204,91 |
186,67 |
192,92 |
175,66 |
172,89 |
171,22 |
170,82 |
0,00 |
172,29 |
0,00 |
| Certified |
206,05 |
211,81 |
203,88 |
199,37 |
193,03 |
180,33 |
188,15 |
187,06 |
181,82 |
180,53 |
0,00 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
159,95 |
0,00 |
0,00 |
0,00 |
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 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
187,05 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
149,71 |
0,00 |
166,76 |
125,13 |
136,99 |
117,44 |
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 |
| 70 mm |
Non-Certified |
0,00 |
0,00 |
173,64 |
163,98 |
136,27 |
129,69 |
156,77 |
141,37 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
199,75 |
0,00 |
189,18 |
193,22 |
154,07 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
180,66 |
0,00 |
0,00 |
157,34 |
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 |
|
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
|
| Market Indicators - South Africa and Australia |
|
|
|
| Micron Category Comparisons - South Africa VS Australia |
|
|
|