National Wool Market Report

Season: 2020/21
Catalogue: 05
Date: 16/09/2020
Port Elizabeth

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

Port Elizabeth – The 5th wool sale of the season took place today, with a smaller offering of 6 508 bales and a good sales clearance of 97,8%.

The offering consisted of good quality fine merino fleeces, which attracted strong competition from all buying houses. The market gained 3,3%(ZAR) from the previous auction, despite the 2,8% strengthening in the rand against the US$, resulting in a significant rise of 6,26% in the market in US$ terms.

The market in Australia also had a good performance this week, with a 5,3% increase in AU$ terms, with better demand from China driving the market upwards. The finer micron and longer length wools, especially certified sustainable wools, performed particularly well today. Selected coarser short wools also outperformed the market.

The major buyers on today’s sale were: Lempriere SA (1 418),Standard Wool SA (1 230),Tianyu SA (1 217) and Modiano SA (1 135).

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 3,6% to close at R156,46/kg; 18,5 microns moved 3,2% up to close at R142,29/kg; 19 microns gained 2,7% to close at R134,20/kg; 19,5 microns strengthened by 4,8% to close at R128,60/kg; 20 microns was 4,1% stronger to close at R120,54/kg; 20,5 microns won 3,5% to close at R116,14/kg; 21,0 microns recovered 3,5% to close at R115,17/kg; 21,5 microns improved by 1,6% to close at R115,77kg; 22 microns rose 0,9% to close at R118,85/kg and 22,5 microns climbed by 0,6% to close at R114,85/kg.

The next auction is scheduled for 23 September 2020.

 

Key Indicators
SA Merino Indicator Exchange Rates
Indicator Unit This Sale Prior Sale % Change Currency This Sale Prior Sale % Change
SA c/kg Clean 12386 11991
3,3 %
ZAR/US$ 16,3418 16,8103
2,9 %
Ave. to date (20/21) 12628 12689
0,5 %
ZAR/Euro 19,3865 19,7775
2,0 %
Ave. to date (19/20) 16280 - - ZAR/AUD$ 11,9717 12,0909
1,0 %
US c/kg Clean 758 713
6,3 %
ZAR/JPY¥ 6,44 6,26
2,8 %
Euro c/kg Clean 639 606
5,4 %
ZAR/UK Pound 21,0839 21,8735
3,7 %
AWEX EMI c/kg Clean 937 890
5,3 %
USD/AUD 0,7325 0,7192
1,8 %

 

Sale Statistics (Greasy)
This Sale Accumulative
This Week Previous Week This Season Previous Season
Turnover (R) 65 130 845 64 323 682 367 638 802 302 634 171
# Bales 6 367 6 400 35 708 29 362
Mass (kg) 971 853 1 001 808 5 547 126 4 578 427

 

Wool Receivals Declared (Greasy)
Current Season Mass (kg) Previous Season Mass (kg) % Change (Y-o-Y)
2020/21 6 921 247 2019/20 8 265 546
16,3 %

 

Offering Analysis (Bales)
Description Offering Withdrawn before Sale Withdrawn during Sale Passed Not Sold Sold % Sold
BKB 4 768 643 30 0 48 4 690 98,36 %
CMW 1 089 247 16 0 33 1 040 95,5 %
JLW 222 0 0 0 4 218 98,2 %
MAS 271 19 0 0 10 261 96,31 %
QWB 0 0 0 0 0 0 NaN %
VLW 158 0 0 0 0 158 100 %
 
This Week 6 508 909 46 0 95 6 367 97,83 %
Previous Week 6 840 1 299 296 0 144 6 400 93,57 %

 

Buyer Purchases (Bales - Greasy)
Bales
Company This Sale % Share Bales (YTD)
Lempriere SA 1 418 22,28 % 7 937
Standard Wool SA 1 230 19,32 % 8 789
Tianyu SA 1 217 19,12 % 5 575
G Modiano SA 1 135 17,83 % 6 035
Stucken & Co 1 055 16,58 % 4 969
Segard Masurel SA 288 4,52 % 2 074
New England Wool SA 22 0,35 % 327

 

Sale Analysis (Length, Micron & Class - Bales)
This Sale Previous Sale Accumulative
Offered Sold % Sold Offered Sold % Sold Offered Sold % Sold
All Wool
Length
Long 4 583 4 539 99,04 % 4 646 4 374 94,15 % 22 097 20 762 93,96 %
Medium 1 480 1 429 96,55 % 1 617 1 509 93,32 % 11 326 10 498 92,69 %
Short 323 300 92,88 % 464 409 88,15 % 3 476 3 158 90,85 %
Mixed 122 99 81,15 % 113 108 95,58 % 2 009 1 290 64,21 %
Micron
Fine Wool: =< 20 Micron 4 229 4 140 97,9 % 4 589 4 294 93,57 % 25 727 24 032 93,41 %
Medium: 20.1 to 22 1 902 1 862 97,9 % 2 070 1 946 94,01 % 11 392 10 029 88,04 %
Strong: 22.1 to 24 252 249 98,81 % 142 122 85,92 % 1 323 1 223 92,44 %
Over Strong: > 24.1 125 116 92,8 % 39 38 97,44 % 466 424 90,99 %
Class
Fleeces 4 189 4 127 98,52 % 4 422 4 082 92,31 % 23 780 22 125 93,04 %
Bellies 606 573 94,55 % 612 588 96,08 % 3 873 3 655 94,37 %
Pieces 1 105 1 100 99,55 % 1 110 1 080 97,3 % 5 789 5 521 95,37 %
Locks 486 468 96,3 % 583 542 92,97 % 3 457 3 117 90,16 %
Other 122 99 81,15 % 113 108 95,58 % 2 009 1 290 64,21 %

 

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 186 353 604 822 838 692 285 161 100 56
Medium 112 214 257 295 217 84 61 29 6 7
Short 45 68 50 62 26 3 1 5 6 0
Mixed 0 4 0 8 0 6 4 8 9 1
Style (AWEX)
Style 4 & Better 36 55 152 115 134 151 82 92 34 9
Style 5 157 280 379 450 440 325 173 71 63 48
Style 6 124 222 219 371 344 264 71 29 10 6
Style 7 & Poorer 26 75 161 239 163 39 21 3 5 0

 

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 164,00 0,00 125,32 0,00 134,85 124,98 107,96 0,00 102,82 94,00 0,00 0,00
50 mm 178,57 175,84 157,39 144,75 130,99 123,05 115,20 112,82 113,03 103,77 0,00 0,00
60 mm 179,03 168,14 156,81 150,57 140,33 122,85 116,58 120,93 112,85 120,97 107,75 0,00
70 mm 181,77 170,04 165,48 150,07 135,50 131,08 124,77 121,04 119,16 121,37 114,12 112,20
80 mm 0,00 172,96 154,25 151,06 138,49 127,76 125,47 119,40 118,95 117,60 125,86 0,00
Merino Fleece, AWEX Style 5 - MF5
40 mm 0,00 147,48 125,86 133,83 115,53 113,66 108,33 97,53 93,06 60,37 0,00 0,00
50 mm 169,67 152,11 142,33 136,12 132,94 119,47 111,05 109,41 101,82 101,15 0,00 89,72
60 mm 180,91 161,97 151,01 137,04 131,67 124,95 119,05 109,64 111,07 104,98 97,19 0,00
70 mm 178,90 169,96 151,49 138,32 128,14 126,23 113,69 111,31 112,12 114,89 112,76 111,75
80 mm 0,00 156,68 151,50 144,46 135,04 122,36 114,81 116,11 117,29 107,19 115,66 0,00
Merino Fleece, AWEX Style 6 - MF6
40 mm 0,00 143,01 147,05 132,49 0,00 0,00 0,00 0,00 99,38 0,00 0,00 97,57
50 mm 153,80 161,99 151,53 110,32 0,00 108,37 0,00 102,12 0,00 90,52 0,00 0,00
60 mm 176,56 153,76 145,81 121,80 113,28 105,51 105,24 103,42 88,45 0,00 0,00 0,00
70 mm 172,22 162,50 140,29 127,48 118,82 113,48 102,81 106,91 108,22 106,12 0,00 99,09
80 mm 0,00 157,83 0,00 0,00 127,67 121,80 110,64 109,55 108,83 109,74 0,00 0,00

 

Market Indicators - South Africa and Australia

 

Micron Category Comparisons - South Africa VS Australia

 

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