The 2024/25 wool selling season resumed today after the Christmas period recess, with a smaller offering of 5 695 bales.
Although the majority of the offering consisted of long length, fine micron wools, producer lots made up a small percentage of the total offering, resulting in only 22,3% of the merino wools on offer being sustainably certified.
Although the market delivered positive results today, the full weakening of the SA Rand against the US$ did not reflect in the market, due to the composition of the offering. The market still delivered a good overall sales clearance of 95%.
The all-merino indicator gained 1,1% to close on R166,08 p/kg , with the certified indicator increasing by 1,7% to close on R169,65 p/kg.
A highest price of R205,87 p/kg (clean) was paid for an eight bale lot of 18,1 micron merino wool.
At the last Australian auction held on 17 and 18 December, their market gained 1,2% (AU$), compared to the previous sale held on Wednesday,11 December.
The major buyers on today’s sale were BKB Pinnacle Fibres (1 215), Tianyu SA (951), Standard Wool SA (914) and G Modiano SA (857).
The next sale will take place on 15 January 2025 where approximately 7 645 bales will be on offer.
| Key Indicators |
| SA Merino Indicator |
Exchange Rates * |
| Indicator Unit |
This Sale |
Prior Sale |
% Change |
Currency |
This Sale |
Prior Sale |
% Change |
| SA c/kg Clean All Merino |
16608 |
16421 |
1,1 % |
ZAR/US$ * |
18,79 |
18,12 |
3,70 % |
| US c/kg Clean All Merino |
884 |
906 |
2,43 % |
ZAR/Euro * |
19,36 |
19,00 |
1,90 % |
| Euro c/kg Clean All Merino |
858 |
864 |
0,69 % |
ZAR/JPY¥ * |
8,43 |
8,45 |
0,17 % |
| SA c/kg Clean Certified ** |
16965 |
16689 |
1,7 % |
ZAR/UK Pound * |
23,32 |
22,76 |
2,43 % |
| US c/kg Clean Certified ** |
903 |
921 |
1,95 % |
USD/AUD * |
0,6192 |
0,6465 |
4,22 % |
| Euro c/kg Clean Certified ** |
876 |
878 |
0,23 % |
AWEX EMI c/kg Clean |
1154 |
1140 |
1,23 % |
| Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
5,81 % |
* 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) - 202415 |
| 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 |
0,00 |
173,13 |
172,32 |
169,76 |
165,19 |
163,51 |
159,29 |
154,44 |
0,00 |
0,00 |
| Certified Wool (R) Clean |
0,00 |
203,81 |
198,29 |
191,69 |
177,94 |
171,38 |
169,59 |
169,05 |
167,61 |
166,58 |
164,92 |
| % Difference |
- |
- |
14,53 % |
11,24 % |
4,82 % |
3,75 % |
3,72 % |
6,13 % |
8,53 % |
- |
- |
| 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 |
984 |
16,9 % |
22,3 % |
| Sold |
975 |
17 % |
22,2 % |
* 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 (202315) |
| Turnover (R) |
62 201 500 |
193 849 226 |
1 737 158 456 |
1 563 453 632 |
| # Bales |
5 410 |
14 068 |
121 172 |
104 724 |
| Mass (kg) |
802 099 |
2 117 837 |
18 437 159 |
15 945 026 |
| Wool Receivals Declared (Greasy) |
| Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
| 2024/25 |
26 035 436 |
2023/24 |
28 567 632 |
8,9 % |
| Offering Analysis (Bales) |
| Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
| BKB |
4135 |
291 |
3 844 |
2 |
6 |
74 |
3 767 |
98 % |
| CMW |
1744 |
2 |
1 742 |
2 |
9 |
9 |
1 731 |
99,37 % |
| JLW |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| MAS |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| QWB |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| VLW |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
| |
| This Week |
5879 |
293 |
5 586 |
4 |
15 |
83 |
5 498 |
98,42 % |
| Previous Week |
15975 |
1 765 |
14 210 |
7 |
32 |
106 |
14 097 |
99,2 % |
| Buyer Purchases (Bales - Greasy) |
|
Bales |
| Company |
This Sale |
% Share |
Bales (YTD) |
| BKB Pinnacle Fibres |
1 215 |
22,46 % |
27 302 |
| Tianyu SA |
951 |
17,58 % |
19 528 |
| Standard Wool SA |
914 |
16,89 % |
18 767 |
| G Modiano SA |
857 |
15,84 % |
26 813 |
| Stucken & Co |
805 |
14,88 % |
12 880 |
| Lempriere SA |
329 |
6,08 % |
7 026 |
| Segard Masurel SA |
313 |
5,79 % |
7 468 |
| VBC Wool SA |
26 |
0,48 % |
1 388 |
| |
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 |
3 733 |
3 568 |
95,58 % |
9 160 |
9 067 |
98,98 % |
74 995 |
74 123 |
98,84 % |
| Medium |
1 593 |
1 534 |
96,3 % |
4 338 |
4 284 |
98,76 % |
38 760 |
37 661 |
97,16 % |
| Short |
359 |
308 |
85,79 % |
744 |
716 |
96,24 % |
9 202 |
8 787 |
95,49 % |
| Mixed |
10 |
0 |
0 % |
1 |
1 |
100 % |
447 |
343 |
76,73 % |
| Micron |
|
|
|
|
|
|
|
|
|
| Fine Wool: =< 20 Micron |
3 862 |
3 728 |
96,53 % |
9 285 |
9 218 |
99,28 % |
79 699 |
78 300 |
98,24 % |
| Medium: 20.1 to 22 |
1 482 |
1 400 |
94,47 % |
3 955 |
3 911 |
98,89 % |
34 665 |
33 963 |
97,97 % |
| Strong: 22.1 to 24 |
238 |
192 |
80,67 % |
746 |
702 |
94,1 % |
6 838 |
6 537 |
95,6 % |
| Over Strong: > 24.1 |
113 |
90 |
79,65 % |
257 |
237 |
92,22 % |
2 546 |
2 372 |
93,17 % |
| Class |
|
|
|
|
|
|
|
|
|
| Fleeces |
4 166 |
3 976 |
95,44 % |
11 325 |
11 209 |
98,98 % |
94 122 |
92 578 |
98,36 % |
| Bellies |
684 |
661 |
96,64 % |
1 131 |
1 119 |
98,94 % |
10 302 |
10 067 |
97,72 % |
| Pieces |
441 |
436 |
98,87 % |
1 183 |
1 166 |
98,56 % |
11 256 |
11 064 |
98,29 % |
| Locks |
394 |
337 |
85,53 % |
603 |
573 |
95,02 % |
7 276 |
6 863 |
94,32 % |
| Other |
10 |
0 |
0 % |
1 |
1 |
100 % |
792 |
600 |
75,76 % |
| 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 |
90 |
210 |
462 |
1 082 |
778 |
364 |
176 |
61 |
68 |
67 |
| Medium |
64 |
119 |
248 |
412 |
199 |
156 |
72 |
80 |
23 |
16 |
| Short |
29 |
82 |
41 |
32 |
68 |
8 |
7 |
21 |
0 |
0 |
| Mixed |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
| Style (AWEX) |
|
| Style 4 & Better |
18 |
36 |
37 |
34 |
31 |
59 |
39 |
8 |
0 |
2 |
| Style 5 |
125 |
194 |
282 |
511 |
304 |
199 |
87 |
45 |
30 |
29 |
| Style 6 |
39 |
177 |
407 |
891 |
650 |
254 |
123 |
89 |
59 |
49 |
| Style 7 & Poorer |
1 |
4 |
25 |
90 |
60 |
16 |
6 |
20 |
2 |
3 |
| 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 |
0,00 |
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 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
161,02 |
158,63 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 60 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 |
176,19 |
171,44 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
168,35 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
208,33 |
0,00 |
0,00 |
174,30 |
0,00 |
168,11 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
172,99 |
0,00 |
166,28 |
163,72 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
200,24 |
206,97 |
185,15 |
179,81 |
174,11 |
171,51 |
169,80 |
170,53 |
165,98 |
0,00 |
| Merino Fleece, AWEX Style 5 - MF5 |
| 40 mm |
Non-Certified |
0,00 |
145,07 |
136,08 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
137,74 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 50 mm |
Non-Certified |
170,29 |
170,20 |
156,23 |
157,10 |
154,45 |
151,48 |
0,00 |
142,37 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
164,56 |
168,21 |
0,00 |
0,00 |
0,00 |
143,08 |
0,00 |
0,00 |
0,00 |
| 60 mm |
Non-Certified |
185,49 |
170,29 |
162,49 |
157,24 |
158,02 |
160,62 |
153,67 |
0,00 |
151,92 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
170,45 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
187,97 |
182,13 |
176,49 |
169,18 |
164,30 |
158,99 |
155,51 |
153,17 |
149,97 |
152,02 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
172,39 |
172,93 |
156,68 |
157,77 |
164,28 |
0,00 |
165,38 |
0,00 |
| 80 mm |
Non-Certified |
0,00 |
188,52 |
174,63 |
170,81 |
165,93 |
163,95 |
159,51 |
159,57 |
154,03 |
0,00 |
146,63 |
| Certified |
203,87 |
0,00 |
188,95 |
0,00 |
172,08 |
171,88 |
161,71 |
168,00 |
169,64 |
162,15 |
158,16 |
| Merino Fleece, AWEX Style 6 - MF6 |
| 40 mm |
Non-Certified |
150,27 |
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 |
0,00 |
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 |
114,33 |
131,51 |
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 |
139,01 |
| 60 mm |
Non-Certified |
166,82 |
148,34 |
0,00 |
132,49 |
145,92 |
129,32 |
123,79 |
0,00 |
122,32 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
135,56 |
0,00 |
0,00 |
0,00 |
0,00 |
| 70 mm |
Non-Certified |
0,00 |
157,48 |
155,06 |
148,36 |
142,84 |
136,01 |
143,30 |
126,72 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
0,00 |
167,90 |
135,71 |
151,73 |
0,00 |
0,00 |
0,00 |
0,00 |
| 80 mm |
Non-Certified |
174,66 |
0,00 |
0,00 |
158,17 |
150,34 |
150,92 |
149,44 |
156,89 |
0,00 |
0,00 |
0,00 |
| Certified |
0,00 |
0,00 |
0,00 |
145,38 |
0,00 |
0,00 |
148,43 |
0,00 |
161,88 |
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 |
|
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|