MAINNational Wool Market Report

Season: 2025/26
Catalogue: 21
Date: 11/02/2026
Port Elizabeth

Tel: +27 41 484 4301
Email: stats@capewools.co.za
Website: www.capewools.co.za
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The 21st sale of the 2025/26 wool selling season was held this week, with a large offering of 12 302 bales.

Although the offering consisted predominantly of long length, fine micron wools, sustainably certified wools comprised only 40,7% of the merino wools offered.

The upward trend in the wool market continued this week with the market delivering good results, despite the SA Rand trading slightly stronger against the US$.

An excellent overall sales clearance of 97,1% was achieved.

The all-merino indicator closed 1,7% up on R237,57 p/kg, with the certified indicator increasing by 2,3% to close on R243,47 p/kg.

A highest price of R309,05 p/kg (clean) (R218,10 p/kg greasy) was paid for a single bale lot of 16,5-micron merino wool.

The Australian market continued to deliver good results this week, gaining 0,9%(AU$) from the previous sale held on Wednesday,4 February.

The major buyers on this week's sale were BKB Pinnacle Fibres (3 492), G Modiano SA (1 956), Standard Wool SA (1 848) and Tianyu SA (1 822).

To accommodate the Chinese New Year the week of 17 February, the next sale will only be held on 25 February 2026, when approximately 9 359 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 23757 23370
1,7 %
ZAR/US$ * 15,87 15,94
0,44 %
US c/kg Clean All Merino 1497 1466
2,11 %
ZAR/Euro * 18,88 18,81
0,37 %
Euro c/kg Clean All Merino 1258 1242
1,29 %
ZAR/JPY¥ * 9,73 9,83
1,02 %
SA c/kg Clean Certified ** 24347 23801
2,3 %
ZAR/UK Pound * 21,69 21,83
0,64 %
US c/kg Clean Certified ** 1534 1493
2,75 %
USD/AUD * 0,7073 0,7007
0,94 %
Euro c/kg Clean Certified ** 1290 1265
1,98 %
AWEX EMI c/kg Clean 1693 1677
0,95 %
Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold ***
9,39 %
* 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) - 202521
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 0,00 249,10 245,12 239,33 235,60 231,91 228,87 226,59 225,73 220,29 219,95
Certified Wool (R) Clean 293,56 278,82 274,98 265,18 256,60 251,06 247,40 245,17 244,35 241,60 235,03
% Difference -
11,93 %
12,18 %
10,80 %
8,91 %
8,26 %
8,10 %
8,20 %
8,25 %
9,67 %
6,86 %
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 4 208 33,1 % 40,7 %
Sold 4 012 32,4 % 38,8 %
* 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 (202421)
Turnover (R) 218 639 116 145 626 993 2 840 527 625 2 467 352 289
# Bales 11 946 7 675 163 620 177 256
Mass (kg) 1 872 809 1 195 792 25 203 157 27 019 206

 

Wool Receivals Declared (Greasy)
Current Season Mass (kg) Previous Season Mass (kg) % Change (Y-o-Y)
2025/26 31 645 680 2024/25 34 075 733
7,1 %

 

Offering Analysis (Bales)
Description Catalogue Offering Withdrawn before Sale Wool Offered Withdrawn during Sale Passed Not Sold Sold % Sold
BKB 8457 222 8 235 79 2 21 8 135 98,79 %
CMW 3456 126 3 330 22 0 10 3 298 99,04 %
JLW 166 0 166 0 1 7 159 95,78 %
MAS 716 145 571 162 1 55 354 62 %
QWB 0 0 0 0 0 0 0 NaN %
 
This Week 12795 493 12 302 263 4 93 11 946 97,11 %
Previous Week 8148 191 7 957 116 122 166 7 675 96,46 %

 

Buyer Purchases (Bales - Greasy)
Bales
Company This Sale % Share Bales (YTD)
BKB Pinnacle Fibres 3 492 29,23 % 41 390
G Modiano SA 1 956 16,37 % 28 157
Standard Wool SA 1 848 15,47 % 27 265
Tianyu SA 1 822 15,25 % 28 815
Stucken & Co 1 375 11,51 % 21 280
Segard Masurel SA 869 7,27 % 7 306
Lempriere SA 583 4,88 % 7 250
VBC Wool SA 1 0,01 % 2 157
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 7 090 6 920 97,6 % 4 684 4 616 98,55 % 99 820 98 935 99,11 %
Medium 4 608 4 451 96,59 % 2 779 2 678 96,37 % 54 568 53 364 97,79 %
Short 584 561 96,06 % 284 260 91,55 % 11 222 10 641 94,82 %
Mixed 11 5 45,45 % 130 110 84,62 % 8 197 621 7,58 %
Micron
Fine Wool: =< 20 Micron 7 942 7 698 96,93 % 4 940 4 841 98 % 111 792 105 691 94,54 %
Medium: 20.1 to 22 3 516 3 471 98,72 % 2 271 2 196 96,7 % 50 058 46 556 93 %
Strong: 22.1 to 24 595 562 94,45 % 407 337 82,8 % 8 247 7 778 94,31 %
Over Strong: > 24.1 249 215 86,35 % 339 301 88,79 % 3 863 3 595 93,06 %
Class
Fleeces 8 375 8 177 97,64 % 5 830 5 730 98,28 % 120 444 118 966 98,77 %
Bellies 1 325 1 283 96,83 % 805 769 95,53 % 16 451 16 020 97,38 %
Pieces 1 667 1 598 95,86 % 793 760 95,84 % 18 113 17 733 97,9 %
Locks 924 883 95,56 % 320 294 91,88 % 10 608 10 227 96,41 %
Other 11 5 45,45 % 209 122 58,37 % 8 344 674 8,08 %

 

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 310 571 943 1 548 1 269 898 362 131 157 120
Medium 250 389 687 776 777 560 324 112 113 70
Short 97 148 73 43 30 33 51 6 5 11
Mixed 0 0 0 0 0 0 4 0 0 0
Style (AWEX)
Style 4 & Better 90 138 190 389 250 298 92 24 60 34
Style 5 415 648 965 1 121 962 592 310 104 102 87
Style 6 150 301 496 745 717 486 218 81 66 56
Style 7 & Poorer 2 21 52 114 150 115 121 40 47 24

 

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 0,00 192,00 0,00 0,00 0,00 0,00 0,00 0,00
Certified 0,00 0,00 0,00 0,00 0,00 222,46 0,00 0,00 0,00 0,00 199,58
50 mm Non-Certified 0,00 0,00 0,00 0,00 0,00 0,00 0,00 204,78 0,00 0,00 0,00
Certified 0,00 0,00 239,48 231,82 234,13 222,02 228,09 210,83 0,00 0,00 0,00
60 mm Non-Certified 0,00 0,00 0,00 239,88 234,34 224,91 0,00 227,81 0,00 221,53 206,08
Certified 0,00 263,33 266,86 254,64 237,49 246,94 241,20 238,67 234,59 0,00 228,53
70 mm Non-Certified 250,90 0,00 0,00 241,05 236,30 232,71 224,16 226,66 222,19 224,19 222,32
Certified 0,00 297,33 295,06 265,07 260,45 254,23 248,05 246,70 243,14 239,65 236,49
80 mm Non-Certified 0,00 0,00 0,00 0,00 227,50 230,00 231,07 226,35 226,84 0,00 0,00
Certified 273,73 276,89 281,26 288,57 262,89 262,26 251,33 244,98 242,85 239,01 0,00
Merino Fleece, AWEX Style 5 - MF5
40 mm Non-Certified 214,63 170,56 0,00 0,00 158,55 181,43 148,56 0,00 0,00 0,00 0,00
Certified 203,74 222,16 0,00 0,00 0,00 197,46 0,00 0,00 0,00 0,00 0,00
50 mm Non-Certified 227,40 0,00 217,33 199,66 208,07 213,47 199,43 196,53 197,13 0,00 0,00
Certified 252,22 239,57 237,24 223,77 234,40 218,70 223,62 213,99 210,06 0,00 0,00
60 mm Non-Certified 235,62 236,89 228,04 224,21 222,65 220,47 207,04 220,79 213,46 0,00 0,00
Certified 267,46 254,92 240,31 251,25 241,75 240,50 226,86 231,08 0,00 234,31 0,00
70 mm Non-Certified 236,50 232,95 233,97 229,66 221,21 211,41 207,47 206,20 203,49 198,95 0,00
Certified 267,86 251,30 257,06 251,92 246,22 244,19 242,06 240,51 231,00 0,00 0,00
80 mm Non-Certified 237,74 236,52 239,82 233,01 228,77 224,06 215,12 223,16 220,08 209,40 213,32
Certified 287,05 0,00 272,21 255,75 253,36 249,64 246,32 244,13 0,00 0,00 0,00
Merino Fleece, AWEX Style 6 - MF6
40 mm Non-Certified 0,00 119,40 173,67 172,97 173,70 155,71 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 0,00 167,12 200,06 179,07 0,00 115,26 0,00 0,00 0,00 0,00
Certified 0,00 0,00 0,00 0,00 0,00 0,00 207,86 0,00 0,00 0,00 0,00
60 mm Non-Certified 0,00 234,74 220,02 199,77 187,06 172,08 181,66 138,39 207,65 0,00 0,00
Certified 0,00 0,00 0,00 0,00 192,84 194,78 0,00 223,82 0,00 0,00 0,00
70 mm Non-Certified 0,00 0,00 227,42 198,20 200,65 196,33 202,18 195,57 185,62 209,70 0,00
Certified 0,00 0,00 170,57 0,00 0,00 225,30 192,87 0,00 0,00 0,00 0,00
80 mm Non-Certified 0,00 0,00 0,00 226,09 195,03 214,06 205,67 205,11 0,00 208,13 0,00
Certified 0,00 0,00 255,29 0,00 0,00 217,99 208,82 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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