MAINNational Wool Market Report

Season: 2025/26
Catalogue: 23
Date: 4/03/2026
Port Elizabeth

Tel: +27 41 484 4301
Email: stats@capewools.co.za
Website: www.capewools.co.za
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The 23rd sale of the 2025/26 wool season took place this week, with a larger offering of 10 918 bales.

The majority of the offering consisted of good quality, fine micron & long length wool, with 61% of the merino offering being sustainably certified.

The SA Rand traded variably, but at weaker levels against the US$ throughout the sale.

The market continued to deliver strong results this week, with an excellent overall sales clearance of 99,3%.

The all-merino indicator increased by 5,3% to close on R251,06 p/kg, whilst the certified indicator gained 3,8% to close on R256,60 p/kg.

A highest price of R326,85 p/kg (clean)(R217,00 p/kg greasy) was paid for a 2-bale lot of 15,8 micron merino wool.

The Australian market continued to strengthen this week and increased by 2,9% (AU$) from the previous sale held on Thursday, 26 February.

The major buyers on this week's sale were Tianyu SA (2 404), BKB Pinnacle Fibres (2 398), G Modiano SA (1 774) and Stucken & Co (1 472).

The next sale will be held on 11 March 2026, when approximately 8 392 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 25106 23843
5,3 %
ZAR/US$ * 16,42 15,90
3,27 %
US c/kg Clean All Merino 1529 1500
1,93 %
ZAR/Euro * 18,96 18,76
1,07 %
Euro c/kg Clean All Merino 1324 1271
4,17 %
ZAR/JPY¥ * 9,60 9,79
1,94 %
SA c/kg Clean Certified ** 25660 24723
3,8 %
ZAR/UK Pound * 21,77 21,50
1,26 %
US c/kg Clean Certified ** 1563 1555
0,51 %
USD/AUD * 0,7023 0,7057
0,48 %
Euro c/kg Clean Certified ** 1353 1318
2,66 %
AWEX EMI c/kg Clean 1767 1716
2,97 %
Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold ***
8,00 %
* 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) - 202523
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 0,00 267,13 263,73 258,09 250,95 245,46 239,82 238,35 235,80 229,05 225,71
Certified Wool (R) Clean 296,68 291,22 284,37 279,25 269,37 261,27 257,87 255,90 254,48 251,63 248,16
% Difference -
9,02 %
7,83 %
8,20 %
7,34 %
6,44 %
7,53 %
7,36 %
7,92 %
9,86 %
9,95 %
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 6 416 54,6 % 61 %
Sold 6 383 54,7 % 60,7 %
* 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 (202423)
Turnover (R) 246 650 335 176 226 020 3 261 289 350 2 732 542 900
# Bales 10 846 9 222 183 630 194 691
Mass (kg) 1 749 152 1 446 552 28 389 883 29 777 391

 

Wool Receivals Declared (Greasy)
Current Season Mass (kg) Previous Season Mass (kg) % Change (Y-o-Y)
2025/26 35 130 197 2024/25 37 141 480
5,4 %

 

Offering Analysis (Bales)
Description Catalogue Offering Withdrawn before Sale Wool Offered Withdrawn during Sale Passed Not Sold Sold % Sold
BKB 7496 21 7 475 22 10 32 7 421 99,28 %
CMW 2762 0 2 762 15 3 3 2 744 99,35 %
JLW 681 0 681 0 0 0 681 100 %
MAS 0 0 0 0 0 0 0 NaN %
QWB 0 0 0 0 0 0 0 NaN %
 
This Week 10939 21 10 918 37 13 35 10 846 99,34 %
Previous Week 10107 309 9 798 330 49 246 9 222 94,12 %

 

Buyer Purchases (Bales - Greasy)
Bales
Company This Sale % Share Bales (YTD)
Tianyu SA 2 404 22,16 % 32 408
BKB Pinnacle Fibres 2 398 22,11 % 46 229
G Modiano SA 1 774 16,36 % 31 409
Stucken & Co 1 472 13,57 % 23 873
Standard Wool SA 1 220 11,25 % 30 189
Lempriere SA 1 011 9,32 % 8 509
Segard Masurel SA 565 5,21 % 8 844
VBC Wool SA 2 0,02 % 2 169
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 7 019 7 004 99,79 % 5 360 5 090 94,96 % 111 774 111 045 99,35 %
Medium 3 347 3 299 98,57 % 3 768 3 587 95,2 % 61 261 60 186 98,25 %
Short 538 535 99,44 % 568 489 86,09 % 12 195 11 646 95,5 %
Mixed 10 4 40 % 87 52 59,77 % 8 233 678 8,24 %
Micron
Fine Wool: =< 20 Micron 7 057 7 016 99,42 % 6 550 6 285 95,95 % 124 853 119 003 95,31 %
Medium: 20.1 to 22 3 196 3 176 99,37 % 2 468 2 283 92,5 % 55 463 51 997 93,75 %
Strong: 22.1 to 24 524 521 99,43 % 498 427 85,74 % 9 116 8 672 95,13 %
Over Strong: > 24.1 141 133 94,33 % 282 227 80,5 % 4 203 3 958 94,17 %
Class
Fleeces 7 852 7 815 99,53 % 6 540 6 303 96,38 % 134 269 132 970 99,03 %
Bellies 952 932 97,9 % 1 018 924 90,77 % 18 292 17 897 97,84 %
Pieces 1 391 1 385 99,57 % 1 325 1 219 92 % 20 672 20 350 98,44 %
Locks 709 706 99,58 % 813 720 88,56 % 12 003 11 666 97,19 %
Other 14 8 57,14 % 102 56 54,9 % 8 399 747 8,89 %

 

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 329 548 976 1 247 1 227 919 381 306 250 184
Medium 280 462 421 508 411 359 195 137 83 38
Short 67 130 71 57 22 28 6 3 9 2
Mixed 0 0 0 0 0 0 0 0 0 2
Style (AWEX)
Style 4 & Better 140 231 280 422 357 351 179 118 46 39
Style 5 461 675 905 1 016 942 676 274 204 162 132
Style 6 74 208 269 338 332 202 103 90 100 40
Style 7 & Poorer 1 26 14 36 29 77 26 34 34 13

 

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 247,60 249,07 241,32 223,61 223,11 221,74 226,84 0,00 0,00 0,00 0,00
50 mm Non-Certified 0,00 243,47 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Certified 270,78 261,77 259,70 257,31 249,82 240,44 241,50 0,00 0,00 221,25 0,00
60 mm Non-Certified 264,57 0,00 253,61 260,61 0,00 240,48 231,29 0,00 0,00 0,00 0,00
Certified 274,20 274,42 266,92 264,53 260,48 253,14 254,26 247,44 245,78 0,00 228,02
70 mm Non-Certified 255,05 271,73 258,76 255,62 255,72 242,54 243,91 237,40 0,00 0,00 0,00
Certified 309,00 287,70 291,17 283,47 272,48 262,46 257,12 254,94 251,84 251,57 252,37
80 mm Non-Certified 0,00 0,00 276,03 0,00 239,07 229,27 233,67 224,27 217,88 0,00 0,00
Certified 299,79 289,42 291,89 279,18 269,50 262,69 258,84 256,35 256,68 249,26 252,36
Merino Fleece, AWEX Style 5 - MF5
40 mm Non-Certified 0,00 208,43 186,18 226,19 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Certified 217,80 238,58 215,49 199,84 0,00 227,81 221,66 0,00 0,00 0,00 0,00
50 mm Non-Certified 0,00 227,73 228,53 232,63 225,80 208,87 0,00 0,00 0,00 215,12 0,00
Certified 245,21 246,18 241,78 244,69 247,04 234,24 229,94 230,65 222,42 221,90 0,00
60 mm Non-Certified 218,48 260,11 252,01 224,64 233,18 241,16 226,46 220,35 228,72 0,00 0,00
Certified 275,52 265,52 266,09 263,57 260,04 248,26 246,40 194,19 0,00 238,16 233,35
70 mm Non-Certified 252,15 244,20 241,83 242,88 224,31 222,55 217,90 213,80 226,05 228,04 217,28
Certified 282,53 272,75 271,86 265,69 259,22 253,04 252,10 249,75 243,16 237,96 250,33
80 mm Non-Certified 0,00 251,12 250,35 248,54 0,00 230,18 241,46 224,66 224,15 228,97 0,00
Certified 289,54 279,19 280,35 278,66 265,33 258,12 254,58 255,35 253,74 247,23 243,33
Merino Fleece, AWEX Style 6 - MF6
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 0,00 193,64 0,00 0,00 0,00 0,00 0,00
50 mm Non-Certified 0,00 0,00 0,00 0,00 0,00 0,00 171,16 186,13 0,00 0,00 144,05
Certified 0,00 241,77 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
60 mm Non-Certified 0,00 0,00 0,00 216,30 208,40 205,56 209,77 199,88 0,00 181,97 205,59
Certified 0,00 0,00 0,00 0,00 0,00 0,00 226,29 0,00 0,00 0,00 218,05
70 mm Non-Certified 0,00 0,00 0,00 0,00 209,89 230,19 192,63 215,41 223,20 0,00 213,50
Certified 0,00 0,00 0,00 261,20 244,20 233,20 234,53 255,44 220,80 239,67 0,00
80 mm Non-Certified 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00 193,65 0,00
Certified 0,00 0,00 0,00 0,00 0,00 236,33 235,85 0,00 0,00 0,00 0,00
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.

 

Market Indicators

 

Market Indicators - South Africa and Australia

 

Micron Category Comparisons - South Africa VS Australia
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