The final sale of the 2023/24 wool season took place this week, with a larger offering of 11 604 bales.
Although 63% of the offering tested 20 micron and finer, only 40% of the offering consisted of long length wools. Sustainably certified wools comprised 63% of the merino wools on offer.
The season ended on a positive note, following the increase in the Australian market this week, further supported by a weaker SA currency.
There was good demand for the longer length merino wools, achieving nearly a 100% clearance, with the non-merino wools ultimately dragging the overall sales clearance down to 95,4%.
The non- certified indicator rose by 2,7% to close on R153,05 p/kg, with the certified indicator gaining 2,6% to close on R170,05 p/kg.
The Australian market had another solid performance this week and gained 1,86% (AU$) from their previous sale held on Wednesday, 29 May.
The major buyers on this week's sale were Standard Wool SA (3 338), BKB Pinnacle Fibres (2 553), G Modiano SA (1 982) and Tianyu SA (1 395).
The first sale of the 2024/2025 wool season will take place on 21 August 2024.
| Key Indicators |
| SA Merino Indicator |
Exchange Rates * |
| Indicator Unit |
This Sale |
Prior Sale |
% Change |
Currency |
This Sale |
Prior Sale |
% Change |
| SA c/kg Clean non-Certified |
15305 |
14905 |
2,7 % |
ZAR/US$ |
18,73 |
18,34 |
2,13 % |
| US c/kg Clean non-Certified |
817 |
813 |
0,49 % |
ZAR/Euro |
20,31 |
19,91 |
2,04 % |
| Euro c/kg Clean non-Certified |
754 |
749 |
0,67 % |
ZAR/JPY¥ |
8,33 |
8,56 |
2,69 % |
| SA c/kg Clean Certified |
17005 |
16580 |
2,6 % |
ZAR/UK Pound |
23,87 |
23,40 |
2,01 % |
| US c/kg Clean Certified |
908 |
904 |
0,44 % |
USD/AUD |
0,6630 |
0,6643 |
0,20 % |
| Euro c/kg Clean Certified |
837 |
833 |
0,48 % |
|
|
|
|
| AWEX EMI c/kg Clean |
1152 |
1131 |
1,86 % |
|
|
|
|
* 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.
|
| 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) - 202334 |
| 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 |
210,11 |
201,61 |
190,69 |
185,63 |
176,94 |
172,35 |
169,21 |
167,54 |
165,30 |
162,71 |
0,00 |
| Certified Wool (R) Clean |
221,98 |
210,34 |
198,95 |
193,91 |
187,35 |
182,01 |
176,11 |
172,51 |
169,46 |
167,69 |
166,50 |
| % Difference |
5,65 % |
4,33 % |
4,33 % |
4,46 % |
5,88 % |
5,60 % |
4,08 % |
2,97 % |
2,52 % |
3,06 % |
- |
| Merino Wool Indicator excluding Certified Certified Wools (R/kg Clean) |
172,27 |
|
* Certified Sustainable Wool: Includes Responsible Wool Standard & Sustainable Cape Wool Standard.
|
| * Certified Sustainable Wool (Bales) |
|
|
% Share ** |
|
Total |
All Wool |
Merino Wool |
| Offered |
6 716 |
52,4 % |
64,4 % |
| Sold |
6 636 |
55,3 % |
63,5 % |
* 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 (202234) |
| Turnover (R) |
166 629 799 |
93 412 442 |
3 991 136 382 |
4 119 819 181 |
| # Bales |
11 081 |
6 384 |
274 456 |
271 727 |
| Mass (kg) |
1 725 924 |
1 012 745 |
42 586 957 |
42 272 217 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2023/24 |
46 047 437 |
2022/23 |
47 215 073 |
2,5 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
6983 |
323 |
6 660 |
0 |
184 |
237 |
6 423 |
96,44 % |
| CMW |
2243 |
56 |
2 187 |
53 |
0 |
0 |
2 134 |
97,58 % |
| JLW |
467 |
0 |
467 |
0 |
0 |
0 |
467 |
100 % |
| MAS |
1037 |
0 |
1 037 |
0 |
1 |
1 |
1 036 |
99,9 % |
| QWB |
1187 |
0 |
1 187 |
9 |
17 |
449 |
729 |
61,42 % |
| VLW |
77 |
0 |
77 |
0 |
0 |
0 |
77 |
100 % |
| |
| This Week |
11994 |
379 |
11 615 |
62 |
202 |
687 |
10 866 |
93,55 % |
| Previous Week |
7409 |
252 |
7 157 |
84 |
457 |
689 |
6 384 |
89,2 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| Standard Wool SA |
3 338 |
30,13 % |
54 907 |
| BKB Pinnacle Fibres |
2 553 |
23,04 % |
49 074 |
| G Modiano SA |
1 982 |
17,89 % |
64 713 |
| Tianyu SA |
1 395 |
12,59 % |
47 898 |
| Stucken & Co |
875 |
7,9 % |
23 684 |
| Lempriere SA |
681 |
6,15 % |
20 275 |
| Segard Masurel SA |
148 |
1,34 % |
11 565 |
| VBC Wool SA |
108 |
0,97 % |
2 222 |
| |
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 |
4 593 |
4 500 |
97,98 % |
2 765 |
2 689 |
97,25 % |
149 139 |
147 844 |
99,13 % |
| Medium |
5 083 |
4 913 |
96,66 % |
2 849 |
2 632 |
92,38 % |
95 471 |
93 438 |
97,87 % |
| Short |
1 565 |
1 465 |
93,61 % |
1 063 |
877 |
82,5 % |
26 797 |
25 640 |
95,68 % |
| Mixed |
353 |
193 |
54,67 % |
462 |
176 |
38,1 % |
17 919 |
6 977 |
38,94 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
7 224 |
7 124 |
98,62 % |
4 095 |
3 997 |
97,61 % |
190 368 |
182 848 |
96,05 % |
| Medium: 20.1 to 22 |
3 190 |
3 095 |
97,02 % |
2 003 |
1 822 |
90,96 % |
79 186 |
74 346 |
93,89 % |
| Strong: 22.1 to 24 |
752 |
567 |
75,4 % |
691 |
363 |
52,53 % |
14 222 |
12 515 |
88 % |
| Over Strong: > 24.1 |
438 |
295 |
67,35 % |
368 |
202 |
54,89 % |
6 137 |
4 747 |
77,35 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
8 055 |
7 849 |
97,44 % |
4 586 |
4 389 |
95,7 % |
196 623 |
194 299 |
98,82 % |
| Bellies |
1 348 |
1 252 |
92,88 % |
764 |
661 |
86,52 % |
27 510 |
26 841 |
97,57 % |
| Pieces |
910 |
904 |
99,34 % |
575 |
559 |
97,22 % |
28 353 |
28 046 |
98,92 % |
| Locks |
929 |
874 |
94,08 % |
740 |
577 |
77,97 % |
18 613 |
17 493 |
93,98 % |
| Other |
362 |
202 |
55,8 % |
492 |
198 |
40,24 % |
18 814 |
7 777 |
41,34 % |
| 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 |
240 |
466 |
519 |
778 |
623 |
550 |
354 |
259 |
105 |
112 |
| Medium |
467 |
721 |
607 |
675 |
561 |
553 |
292 |
182 |
106 |
95 |
| Short |
280 |
375 |
173 |
117 |
111 |
71 |
25 |
38 |
28 |
7 |
| Mixed |
0 |
0 |
1 |
1 |
25 |
5 |
11 |
0 |
14 |
4 |
| Style (AWEX) |
|
| Style 4 & Better |
202 |
290 |
339 |
493 |
487 |
487 |
312 |
170 |
49 |
58 |
| Style 5 |
505 |
731 |
553 |
678 |
425 |
342 |
203 |
103 |
104 |
51 |
| Style 6 |
248 |
494 |
346 |
307 |
255 |
154 |
86 |
125 |
53 |
89 |
| Style 7 & Poorer |
32 |
47 |
60 |
94 |
128 |
191 |
65 |
81 |
33 |
16 |
| 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 |
154,58 |
185,91 |
150,97 |
0,00 |
141,74 |
147,63 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
172,98 |
178,74 |
176,03 |
164,15 |
155,53 |
153,37 |
147,64 |
148,76 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
180,84 |
187,42 |
178,81 |
165,49 |
174,96 |
0,00 |
0,00 |
147,00 |
0,00 |
0,00 |
| Certified |
206,46 |
196,50 |
192,25 |
182,20 |
172,12 |
171,42 |
165,47 |
156,27 |
159,29 |
155,41 |
0,00 |
| 60 mm |
Non-Certified |
0,00 |
202,86 |
179,05 |
178,18 |
172,00 |
172,30 |
167,21 |
0,00 |
161,24 |
0,00 |
0,00 |
| Certified |
218,52 |
205,55 |
194,41 |
186,90 |
180,46 |
174,26 |
171,76 |
167,98 |
165,87 |
162,18 |
157,07 |
| 70 mm |
Non-Certified |
205,20 |
210,32 |
192,75 |
182,31 |
181,33 |
176,91 |
168,98 |
166,39 |
161,16 |
163,56 |
0,00 |
| Certified |
221,82 |
213,35 |
197,07 |
186,96 |
184,90 |
181,77 |
174,49 |
172,55 |
168,57 |
168,27 |
163,56 |
| 80 mm |
Non-Certified |
0,00 |
209,35 |
194,41 |
0,00 |
0,00 |
0,00 |
0,00 |
168,47 |
169,92 |
0,00 |
0,00 |
| Certified |
0,00 |
221,73 |
202,48 |
193,45 |
188,24 |
185,54 |
179,24 |
177,37 |
171,86 |
0,00 |
166,98 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
160,28 |
164,20 |
157,92 |
157,56 |
145,12 |
130,45 |
143,24 |
147,49 |
0,00 |
106,83 |
0,00 |
| Certified |
168,19 |
163,37 |
162,95 |
155,21 |
162,71 |
156,37 |
150,09 |
140,07 |
135,17 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
195,80 |
184,55 |
155,55 |
171,90 |
164,83 |
153,63 |
161,35 |
155,67 |
156,75 |
0,00 |
0,00 |
| Certified |
208,42 |
187,14 |
182,37 |
167,25 |
171,49 |
170,26 |
165,46 |
155,09 |
163,81 |
161,92 |
159,84 |
| 60 mm |
Non-Certified |
203,46 |
198,80 |
185,67 |
175,68 |
172,72 |
161,00 |
164,80 |
166,12 |
160,47 |
161,88 |
0,00 |
| Certified |
212,73 |
201,31 |
190,77 |
186,47 |
178,84 |
173,70 |
168,61 |
168,01 |
164,58 |
162,07 |
156,61 |
| 70 mm |
Non-Certified |
219,28 |
201,92 |
189,89 |
181,73 |
174,48 |
169,10 |
168,78 |
167,60 |
153,40 |
159,06 |
0,00 |
| Certified |
228,39 |
202,76 |
193,95 |
189,80 |
184,12 |
177,54 |
174,89 |
169,44 |
167,77 |
163,36 |
156,75 |
| 80 mm |
Non-Certified |
0,00 |
212,82 |
193,77 |
181,60 |
179,96 |
168,05 |
169,37 |
168,14 |
164,76 |
165,36 |
157,52 |
| Certified |
0,00 |
199,47 |
196,04 |
195,38 |
185,71 |
179,15 |
177,43 |
170,17 |
168,03 |
159,69 |
0,00 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
175,88 |
160,16 |
156,30 |
154,44 |
143,38 |
130,66 |
0,00 |
143,61 |
126,89 |
0,00 |
0,00 |
| Certified |
0,00 |
169,37 |
147,53 |
167,08 |
0,00 |
118,25 |
0,00 |
154,69 |
129,66 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
0,00 |
150,85 |
160,05 |
161,03 |
155,29 |
159,27 |
156,62 |
149,35 |
0,00 |
130,87 |
0,00 |
| Certified |
188,73 |
0,00 |
173,02 |
169,80 |
172,84 |
0,00 |
0,00 |
163,98 |
151,32 |
0,00 |
157,67 |
| 60 mm |
Non-Certified |
211,10 |
181,16 |
179,64 |
174,68 |
151,54 |
146,80 |
172,37 |
153,44 |
152,60 |
140,86 |
0,00 |
| Certified |
0,00 |
0,00 |
187,20 |
183,37 |
178,63 |
157,53 |
170,73 |
166,92 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
0,00 |
181,24 |
171,66 |
170,56 |
146,87 |
150,45 |
162,10 |
164,86 |
153,78 |
0,00 |
| Certified |
0,00 |
198,22 |
0,00 |
184,76 |
185,72 |
0,00 |
170,09 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
166,78 |
162,65 |
169,20 |
161,81 |
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 |
|
|
|