National Wool Market Report

Season: 2020/21
Catalogue: 34
Date: 9/06/2021
Port Elizabeth

Tel: +27 41 484 4301
Email: stats@capewools.co.za
Website: www.capewools.co.za
Filter/Select Catalogs
Cape Wools Weekly Market Report

Port Elizabeth – The 2020/21 wool season ended on a positive note this week, with a 1,5% increase in the average market indicator, to close on R162.68 p/kg.

A total of 12 896 bales were on offer, with an overall sales clearance of 95,3%. The bulk of the offering consisted of merino wools, with 55% of the offering testing 20 micron and finer.

The sale started off sluggish, but improved competition on the second day drove prices upward across all micron categories. The finer micron merino fleece wools and certified sustainable wools once again attracted better competition and outperformed the market.

The better market conditions translated into a rise of 2,94% in US$ terms, with the SA Rand trading 1,4% stronger against the US$. The Australian market also experienced solid gains this week and closed up 3.7% (AU$) from the previous week.

The major buyers on today’s sale were: Standard Wool SA (3 773), Lempriere SA (3 033), Modiano SA (2 316) and Stucken & Co (1 532).

The average clean prices for the selection within the different micron categories for good top-making (MF5), long fleeces were as follows: 18,0 microns increased 2,5% to close at R221,69/kg; 18,5 microns moved 4,1% up to close at R211,89/kg; 19 microns gained 1,0% to close at R189,72/kg; 19,5 microns strengthened by 0,4% to close at R171,86/kg; 20 microns was 0,7% stronger to close at R156,15/kg; 20,5 microns won 1,0% to close at R150,29/kg; 21,0 microns /recovered 1,3% to close at R147,49/kg; 21,5 microns improved by 0,6% to close at R143,48kg; 22 microns rose 0,4% to close at R137,63/kg and 22,5 microns climbed by 1,7% to close at R131,78/kg.

The next auction is scheduled for 11 August 2021.

 

Key Indicators
SA Merino Indicator Exchange Rates *
Indicator Unit This Sale Prior Sale % Change Currency This Sale Prior Sale % Change
SA c/kg Clean 16268 16022
1,5 %
ZAR/US$ 13,53 13,72
1,38 %
Ave. to date (20/21) 15106 15069
0,2 %
ZAR/Euro 16,46 16,73
1,62 %
Ave. to date (19/20) 16612 - - ZAR/AUD$ 10,46 10,59
1,26 %
US c/kg Clean 1202 1168
2,94 %
ZAR/JPY¥ 8,1 8,01
1,11 %
Euro c/kg Clean 988 958
3,18 %
ZAR/UK Pound 19,14 19,38
1,26 %
AWEX EMI c/kg Clean 1393 1343
3,72 %
USD/AUD 0,77 0,77
0,12 %
* Exchange rate values quoted above is based on an average of rate points recorded for the duration of the sale.

 

Sale Statistics (Greasy)
This Sale Accumulative
This Week Previous Week This Season Previous Season
Turnover (R) 168 361 302 133 773 404 3 882 870 985 3 714 495 934
# Bales 12 295 10 188 308 607 296 317
Mass (kg) 1 925 843 1 620 936 47 974 381 46 049 293

 

Wool Receivals Declared (Greasy)
Current Season Mass (kg) Previous Season Mass (kg) % Change (Y-o-Y)
2020/21 49 273 993 2019/20 48 700 432
1,2 %

 

Offering Analysis (Bales)
Description Catalogue Offering Withdrawn before Sale Wool Offered Withdrawn during Sale Passed Not Sold Sold % Sold
BKB 6395 103 6 292 0 0 295 5 997 95,31 %
CMW 4143 55 4 088 10 0 194 3 884 95,01 %
JLW 332 0 332 0 0 0 332 100 %
MAS 1069 0 1 069 0 0 14 1 055 98,69 %
QWB 1008 0 1 008 10 0 78 920 91,27 %
VLW 107 0 107 0 0 0 107 100 %
 
This Week 13054 158 12 896 20 0 581 12 295 95,34 %
Previous Week 11439 595 10 844 76 0 580 10 188 93,95 %

 

Buyer Purchases (Bales - Greasy)
Bales
Company This Sale % Share Bales (YTD)
Standard Wool SA 3 773 30,69 % 73 982
Lempriere SA 3 033 24,67 % 73 105
G Modiano SA 2 316 18,84 % 72 524
Stucken & Co 1 532 12,46 % 32 617
Tianyu SA 1 069 8,69 % 41 320
Segard Masurel SA 474 3,86 % 12 900
New England Wool SA 98 0,8 % 2 091

 

Sale Analysis (Length, Micron & Class - Bales)
This Sale Previous Sale Accumulative
Offered Sold % Sold Offered Sold % Sold Offered Sold % Sold
All Wool
Length
Long 5 046 4 972 98,53 % 3 929 3 808 96,92 % 174 297 172 482 98,96 %
Medium 5 541 5 422 97,85 % 4 971 4 787 96,3 % 105 499 103 876 98,46 %
Short 1 113 1 023 91,91 % 1 044 994 95,21 % 22 040 21 048 95,5 %
Mixed 1 188 878 73,91 % 892 599 67,15 % 20 754 10 862 52,34 %
Micron
Fine Wool: =< 20 Micron 7 049 6 964 98,79 % 5 928 5 822 98,21 % 198 393 193 234 97,4 %
Medium: 20.1 to 22 4 929 4 698 95,31 % 4 160 3 787 91,03 % 102 216 94 764 92,71 %
Strong: 22.1 to 24 588 540 91,84 % 556 497 89,39 % 16 276 15 740 96,71 %
Over Strong: > 24.1 330 93 28,18 % 200 82 41 % 6 075 4 869 80,15 %
Class
Fleeces 8 089 7 954 98,33 % 6 928 6 693 96,61 % 217 521 215 003 98,84 %
Bellies 1 162 1 138 97,93 % 1 007 987 98,01 % 29 370 28 821 98,13 %
Pieces 1 221 1 214 99,43 % 1 019 998 97,94 % 31 225 30 981 99,22 %
Locks 1 228 1 111 90,47 % 990 911 92,02 % 23 499 22 385 95,26 %
Other 1 196 878 73,41 % 900 599 66,56 % 21 345 11 417 53,49 %

 

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 239 400 595 758 925 628 455 301 128 121
Medium 353 561 699 809 807 888 428 199 120 64
Short 96 212 254 95 85 86 74 18 2 0
Mixed 0 1 12 8 49 228 210 159 63 47
Style (AWEX)
Style 4 & Better 105 125 239 249 305 427 285 147 70 32
Style 5 353 612 688 722 739 614 344 265 97 92
Style 6 219 407 554 574 589 399 230 95 76 49
Style 7 & Poorer 11 29 67 117 184 162 98 11 7 12

 

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 >=22.5
Merino Fleece, AWEX Style 4 - MF4
40 mm 209,35 207,03 205,38 189,45 172,45 147,40 138,09 121,29 110,82 108,64 110,82 0,00
50 mm 253,37 240,66 219,21 202,41 185,68 161,00 145,80 140,33 121,74 131,04 127,01 0,00
60 mm 253,09 250,47 219,81 200,67 184,32 170,45 153,27 146,70 143,51 126,67 135,68 125,48
70 mm 268,84 248,86 228,53 212,38 192,45 175,30 161,09 147,83 146,44 143,21 138,92 135,45
80 mm 272,48 261,10 234,66 0,00 179,48 188,46 166,29 160,92 154,56 151,98 146,18 143,27
Merino Fleece, AWEX Style 5 - MF5
40 mm 203,18 193,76 179,76 180,93 159,72 144,85 129,26 112,69 110,86 0,00 108,14 94,64
50 mm 250,13 236,34 207,86 186,45 178,60 163,59 147,33 138,37 133,98 128,00 126,01 106,71
60 mm 253,12 244,43 218,85 199,82 182,92 170,13 155,47 146,07 139,94 134,77 115,98 0,00
70 mm 261,04 239,35 218,11 208,11 185,18 166,98 154,35 145,45 137,67 139,91 133,52 135,83
80 mm 255,63 235,22 220,10 219,57 191,97 174,58 153,01 148,90 149,33 147,07 138,02 143,02
Merino Fleece, AWEX Style 6 - MF6
40 mm 210,66 188,13 168,36 170,99 154,18 151,33 122,36 111,75 103,82 94,07 0,00 0,00
50 mm 249,56 223,36 210,70 195,69 168,24 155,92 136,57 125,29 116,29 0,00 129,74 0,00
60 mm 248,12 242,81 203,36 185,29 150,92 139,11 128,93 138,49 115,95 124,53 112,67 0,00
70 mm 0,00 0,00 185,97 178,71 167,16 139,58 143,16 131,78 116,14 135,37 0,00 0,00
80 mm 235,90 0,00 224,77 0,00 164,65 135,18 145,83 134,22 136,77 0,00 123,60 0,00

 

Market Indicators - South Africa and Australia

 

Micron Category Comparisons - South Africa VS Australia

 

© 2020 Cape Wools SA. All Rights Reserved.
Network & Infrastructure Services by Mars Technologies
Analytics/ Data Services by Web Route
Website Design by Online Innovations