MAINNational Wool Market Report

Season: 2025/26
Catalogue: 25
Date: 18/03/2026
Port Elizabeth

Tel: +27 41 484 4301
Email: stats@capewools.co.za
Website: www.capewools.co.za
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The 2025/26 wool selling season continued today, with the 25th sale of the season taking place.

The offering of 6 897 bales mainly consisted of long length, fine micron wools and sustainably certified wools comprised 48,3% of the merino wools offered. An overall sales clearance of 96% was achieved.

The market could not maintain its upward trend and followed the downward trend in the Australian market, despite the weakening of the Rand against the USD.

The All-merino indicator shed 1,3% to close on R248,79 p/kg and the certified indicator declined by 0,7% to close on R253,67 p/kg.

A highest price of R313,13 p/kg (clean)(R201,00 p/kg greasy) was paid for a single bale lot of 15,8 micron merino wool.

The Australian market retracted by 1,9% (AU$) this week, compared to their previous sale held on Thursday, 12 March.

The major buyers on today’s sale were G Modiano SA (1 733), Standard Wool SA (1 118), BKB Pinnacle Fibres (1 013) and Tianyu SA (955).

The next sale will be held on 25 March 2026, when approximately 6 078 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 24879 25219
1,3 %
ZAR/US$ * 16,65 16,33
1,96 %
US c/kg Clean All Merino 1494 1544
3,24 %
ZAR/Euro * 19,17 18,91
1,37 %
Euro c/kg Clean All Merino 1298 1334
2,70 %
ZAR/JPY¥ * 9,47 9,73
2,62 %
SA c/kg Clean Certified ** 25367 25545
0,7 %
ZAR/UK Pound * 22,20 21,89
1,42 %
US c/kg Clean Certified ** 1524 1564
2,56 %
USD/AUD * 0,7084 0,7141
0,80 %
Euro c/kg Clean Certified ** 1323 1351
2,07 %
AWEX EMI c/kg Clean 1751 1785
1,90 %
Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold ***
9,05 %
* 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) - 202525
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 0,00 272,46 264,88 260,26 251,88 243,71 239,22 235,86 232,40 227,30 0,00
Certified Wool (R) Clean 292,01 289,44 285,17 277,73 270,28 262,57 256,49 253,80 252,94 251,08 256,57
% Difference -
6,23 %
7,66 %
6,71 %
7,31 %
7,74 %
7,22 %
7,61 %
8,84 %
10,46 %
-
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 3 015 43,2 % 48,3 %
Sold 3 011 44,9 % 48,3 %
* 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 (202425)
Turnover (R) 142 514 248 194 040 195 3 590 989 795 2 950 911 529
# Bales 6 625 8 643 198 695 209 162
Mass (kg) 1 072 474 1 403 679 30 834 019 32 064 291

 

Wool Receivals Declared (Greasy)
Current Season Mass (kg) Previous Season Mass (kg) % Change (Y-o-Y)
2025/26 37 062 906 2024/25 38 612 390
4,0 %

 

Offering Analysis (Bales)
Description Catalogue Offering Withdrawn before Sale Wool Offered Withdrawn during Sale Passed Not Sold Sold % Sold
BKB 4680 87 4 593 39 59 181 4 373 95,21 %
CMW 1633 79 1 554 11 21 21 1 522 97,94 %
JLW 229 0 229 0 2 2 227 99,13 %
MAS 521 0 521 2 2 16 503 96,55 %
QWB 0 0 0 0 0 0 0 NaN %
 
This Week 7063 166 6 897 52 84 220 6 625 96,06 %
Previous Week 9150 42 9 108 37 107 428 8 643 94,89 %

 

Buyer Purchases (Bales - Greasy)
Bales
Company This Sale % Share Bales (YTD)
G Modiano SA 1 733 26,16 % 34 510
Standard Wool SA 1 118 16,88 % 32 695
BKB Pinnacle Fibres 1 013 15,29 % 48 898
Tianyu SA 951 14,35 % 34 499
Stucken & Co 859 12,97 % 25 682
Segard Masurel SA 638 9,63 % 10 333
Lempriere SA 256 3,86 % 9 848
VBC Wool SA 57 0,86 % 2 230

 

Sale Analysis (Length, Micron & Class - Bales)
This Sale Previous Sale Accumulative
Offered Sold % Sold Offered Sold % Sold Offered Sold % Sold
All Wool
Length
Long 4 255 4 092 96,17 % 5 181 4 975 96,02 % 120 910 119 989 99,24 %
Medium 2 189 2 126 97,12 % 3 276 3 089 94,29 % 66 453 65 328 98,31 %
Short 436 399 91,51 % 609 577 94,75 % 13 193 12 611 95,59 %
Mixed 17 8 47,06 % 42 2 4,76 % 9 596 692 7,21 %
Micron
Fine Wool: =< 20 Micron 5 105 4 910 96,18 % 6 421 6 144 95,69 % 136 454 129 886 95,19 %
Medium: 20.1 to 22 1 441 1 387 96,25 % 2 325 2 208 94,97 % 59 854 55 553 92,81 %
Strong: 22.1 to 24 211 203 96,21 % 238 182 76,47 % 9 557 9 064 94,84 %
Over Strong: > 24.1 140 125 89,29 % 124 109 87,9 % 4 457 4 192 94,05 %
Class
Fleeces 4 920 4 770 96,95 % 6 288 6 050 96,22 % 145 021 143 592 99,01 %
Bellies 755 700 92,72 % 837 737 88,05 % 19 827 19 341 97,55 %
Pieces 749 729 97,33 % 1 204 1 162 96,51 % 22 549 22 213 98,51 %
Locks 456 418 91,67 % 737 692 93,89 % 13 165 12 788 97,14 %
Other 17 8 47,06 % 42 2 4,76 % 9 760 761 7,8 %

 

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 250 456 665 882 695 389 132 81 69 43
Medium 201 350 347 316 258 128 107 43 42 35
Short 95 84 64 47 16 29 1 3 2 0
Mixed 0 0 0 0 0 0 0 0 0 0
Style (AWEX)
Style 4 & Better 75 133 193 215 155 87 41 48 34 4
Style 5 369 569 665 743 581 282 142 39 33 42
Style 6 102 173 203 279 186 151 35 30 38 28
Style 7 & Poorer 0 15 15 8 47 26 22 10 8 4

 

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 0,00 0,00 0,00 205,41 0,00 0,00 0,00 0,00 0,00 0,00 0,00
50 mm Non-Certified 0,00 0,00 0,00 0,00 228,70 0,00 0,00 0,00 0,00 0,00 0,00
Certified 278,96 261,54 244,63 0,00 0,00 227,80 219,35 237,02 225,21 0,00 0,00
60 mm Non-Certified 264,95 268,18 0,00 0,00 239,15 0,00 242,71 0,00 0,00 0,00 0,00
Certified 279,70 276,79 257,43 265,74 259,30 253,48 247,37 249,70 237,22 239,72 0,00
70 mm Non-Certified 273,00 271,75 266,51 237,54 255,32 241,66 242,18 238,97 0,00 0,00 0,00
Certified 292,67 298,01 294,86 283,63 274,03 266,26 258,12 255,13 257,10 254,58 255,97
80 mm Non-Certified 0,00 259,04 0,00 0,00 242,55 229,72 239,18 227,17 222,91 220,72 0,00
Certified 296,32 297,19 287,77 278,48 274,20 266,38 258,80 255,76 0,00 0,00 0,00
Merino Fleece, AWEX Style 5 - MF5
40 mm Non-Certified 216,50 211,43 0,00 207,05 193,76 0,00 219,67 0,00 0,00 0,00 0,00
Certified 236,50 213,44 233,98 0,00 0,00 0,00 0,00 0,00 0,00 0,00 0,00
50 mm Non-Certified 247,34 208,77 239,78 229,44 228,72 0,00 216,79 218,19 222,12 0,00 203,68
Certified 266,25 259,85 247,44 243,37 245,98 238,02 222,47 0,00 221,35 0,00 0,00
60 mm Non-Certified 0,00 201,02 251,70 243,06 229,09 230,53 234,34 231,08 0,00 0,00 0,00
Certified 273,40 272,15 264,48 260,99 252,83 248,00 238,58 241,67 0,00 229,06 0,00
70 mm Non-Certified 242,18 250,45 249,38 225,89 238,03 202,84 219,07 217,63 214,19 243,94 0,00
Certified 0,00 280,71 271,47 270,39 257,32 252,38 249,35 244,82 242,55 247,77 251,07
80 mm Non-Certified 259,30 255,52 244,41 237,96 241,56 227,90 224,24 222,21 223,26 0,00 0,00
Certified 291,23 285,57 277,32 277,33 265,40 256,17 255,90 255,37 0,00 0,00 0,00
Merino Fleece, AWEX Style 6 - MF6
40 mm Non-Certified 0,00 0,00 0,00 0,00 0,00 0,00 174,07 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 0,00 212,02 230,41 0,00 0,00 179,30 0,00 0,00 0,00 0,00
Certified 0,00 0,00 0,00 0,00 0,00 197,34 0,00 222,57 0,00 0,00 0,00
60 mm Non-Certified 0,00 0,00 0,00 179,56 194,24 230,77 211,02 203,48 0,00 0,00 205,29
Certified 0,00 0,00 256,20 0,00 251,41 0,00 0,00 0,00 0,00 0,00 0,00
70 mm Non-Certified 0,00 0,00 199,58 127,88 194,79 209,77 207,43 197,53 224,52 0,00 0,00
Certified 0,00 0,00 0,00 264,42 0,00 0,00 228,58 179,83 0,00 0,00 0,00
80 mm Non-Certified 0,00 0,00 0,00 234,96 0,00 228,35 0,00 224,57 210,88 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

 

Market Indicators - South Africa and Australia

 

Micron Category Comparisons - South Africa VS Australia
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