The 2024/25 wool selling season continued this week, with a large offering of 12 263 bales, after 1 394 bales were withdrawn prior to the sale.
Although 74% of the offering tested 20 micron and finer, the offering consisted mainly of medium length wools, with sustainably certified wool comprising 59,1% of the merino wools on offer.
The ZAR traded variably throughout the two-day sale, but ultimately averaged unchanged against the US$ over the two days.
Although the market continued to experience downward pressure this week, good competition for the better-quality merino fleece wools resulted in an overall sales clearance of 97%.
The all-merino indicator declined by 2,5% to close on R175,00 p/kg, with the certified indicator decreasing by 1,8% to close on R179,56 p/kg.
A highest price of R243,64 p/kg (clean) was paid for a single bale lot of 16,5 micron merino wool.
The Australian market traded marginally down this week and eased by 0,17% (AU$) compared to their last sale held on Wednesday, 7 May.
The major buyers on this week's sale were Tianyu SA (3 508), G Modiano SA (2 370), Standard Wool SA (2 282) and BKB Pinnacle Fibres (1 614).
The next sale will take place on 28 May 2025 where approximately 7 050 bales will be on offer.
Key Indicators |
SA Merino Indicator |
Exchange Rates * |
Indicator Unit |
This Sale |
Prior Sale |
% Change |
Currency |
This Sale |
Prior Sale |
% Change |
SA c/kg Clean All Merino |
17500 |
17941 |
2,5 % |
ZAR/US$ * |
18,25 |
18,25 |
0 % |
US c/kg Clean All Merino |
959 |
983 |
2,44 % |
ZAR/Euro * |
20,37 |
20,70 |
1,61 % |
Euro c/kg Clean All Merino |
859 |
867 |
0,92 % |
ZAR/JPY¥ * |
8,01 |
7,86 |
1,92 % |
SA c/kg Clean Certified ** |
17956 |
18280 |
1,8 % |
ZAR/UK Pound * |
24,21 |
24,33 |
0,50 % |
US c/kg Clean Certified ** |
984 |
1002 |
1,80 % |
USD/AUD * |
0,6426 |
0,6456 |
0,46 % |
Euro c/kg Clean Certified ** |
881 |
883 |
0,23 % |
AWEX EMI c/kg Clean |
1189 |
1191 |
0,17 % |
Percentage Difference (Weighted): Non‑Certified and Certified Merino Fleece Wools Sold *** |
9,56 % |
* 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) - 202430 |
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 |
192,92 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
Certified Wool (R) Clean |
208,65 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
% Difference |
8,15 % |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
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 |
6 884 |
52,6 % |
59,2 % |
Sold |
6 825 |
53,2 % |
58,6 % |
* 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 (202330) |
Turnover (R) |
178 721 660 |
85 863 883 |
3 588 723 587 |
3 577 787 749 |
# Bales |
11 906 |
6 154 |
252 695 |
245 493 |
Mass (kg) |
1 888 293 |
971 618 |
38 921 299 |
38 009 070 |
Wool Receivals Declared (Greasy) |
Current Season |
Mass (kg) |
Previous Season |
Mass (kg) |
% Change (Y-o-Y) |
2024/25 |
44 033 827 |
2023/24 |
44 220 318 |
0,4 % |
Offering Analysis (Bales) |
Description |
Catalogue Offering |
Withdrawn before Sale |
Wool Offered |
Withdrawn during Sale |
Passed |
Not Sold |
Sold |
% Sold |
BKB |
9365 |
1 290 |
8 075 |
1 |
50 |
119 |
7 955 |
98,51 % |
CMW |
2793 |
50 |
2 743 |
0 |
7 |
31 |
2 712 |
98,87 % |
JLW |
135 |
0 |
135 |
0 |
0 |
1 |
134 |
99,26 % |
MAS |
285 |
54 |
231 |
0 |
3 |
3 |
228 |
98,7 % |
QWB |
1001 |
0 |
1 001 |
0 |
51 |
87 |
914 |
91,31 % |
VLW |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
NaN % |
|
This Week |
13579 |
1 394 |
12 185 |
1 |
111 |
241 |
11 943 |
98,01 % |
Previous Week |
7724 |
1 473 |
6 251 |
49 |
89 |
133 |
6 069 |
97,09 % |
Buyer Purchases (Bales - Greasy) |
|
Bales |
Company |
This Sale |
% Share |
Bales (YTD) |
Tianyu SA |
3 508 |
29,46 % |
40 540 |
G Modiano SA |
2 370 |
19,91 % |
53 157 |
Standard Wool SA |
2 282 |
19,17 % |
44 173 |
BKB Pinnacle Fibres |
1 614 |
13,56 % |
53 514 |
Stucken & Co |
1 210 |
10,16 % |
29 011 |
Segard Masurel SA |
373 |
3,13 % |
14 991 |
Lempriere SA |
329 |
2,76 % |
14 438 |
VBC Wool SA |
220 |
1,85 % |
2 869 |
Connacher Wool & Mohair |
0 |
0 % |
2 |
Sale Analysis (Length, Micron & Class - Bales) |
|
This Sale |
Previous Sale |
Accumulative |
|
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
Offered |
Sold |
% Sold |
All Wool |
|
|
|
|
|
|
|
|
|
Length |
|
|
|
|
|
|
|
|
|
Long |
5 120 |
5 043 |
98,5 % |
2 655 |
2 590 |
97,55 % |
146 813 |
145 738 |
99,27 % |
Medium |
5 827 |
5 604 |
96,17 % |
2 963 |
2 700 |
91,12 % |
86 984 |
85 032 |
97,76 % |
Short |
1 316 |
1 259 |
95,67 % |
895 |
800 |
89,39 % |
20 844 |
19 975 |
95,83 % |
Mixed |
0 |
0 |
NaN % |
69 |
40 |
57,97 % |
1 888 |
613 |
32,47 % |
Micron |
|
|
|
|
|
|
|
|
|
Fine Wool: =< 20 Micron |
9 066 |
8 859 |
97,72 % |
4 417 |
4 214 |
95,4 % |
172 694 |
170 061 |
98,48 % |
Medium: 20.1 to 22 |
2 632 |
2 528 |
96,05 % |
1 858 |
1 680 |
90,42 % |
68 011 |
66 315 |
97,51 % |
Strong: 22.1 to 24 |
427 |
400 |
93,68 % |
230 |
175 |
76,09 % |
11 944 |
11 415 |
95,57 % |
Over Strong: > 24.1 |
138 |
119 |
86,23 % |
122 |
85 |
69,67 % |
5 401 |
4 904 |
90,8 % |
Class |
|
|
|
|
|
|
|
|
|
Fleeces |
9 071 |
8 841 |
97,46 % |
4 721 |
4 451 |
94,28 % |
189 921 |
187 598 |
98,78 % |
Bellies |
1 186 |
1 132 |
95,45 % |
771 |
709 |
91,96 % |
24 912 |
24 348 |
97,74 % |
Pieces |
1 068 |
1 032 |
96,63 % |
475 |
459 |
96,63 % |
23 953 |
23 722 |
99,04 % |
Locks |
936 |
899 |
96,05 % |
546 |
471 |
86,26 % |
15 821 |
15 045 |
95,1 % |
Other |
2 |
2 |
100 % |
114 |
64 |
56,14 % |
3 443 |
1 982 |
57,57 % |
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 |
331 |
480 |
849 |
880 |
944 |
471 |
290 |
141 |
67 |
92 |
Medium |
525 |
708 |
950 |
827 |
768 |
547 |
219 |
88 |
75 |
57 |
Short |
199 |
261 |
163 |
118 |
38 |
75 |
28 |
12 |
35 |
2 |
Mixed |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Style (AWEX) |
|
Style 4 & Better |
194 |
293 |
361 |
317 |
506 |
241 |
134 |
52 |
29 |
13 |
Style 5 |
642 |
779 |
1 084 |
1 045 |
815 |
502 |
239 |
116 |
48 |
41 |
Style 6 |
189 |
296 |
424 |
408 |
324 |
158 |
81 |
47 |
35 |
67 |
Style 7 & Poorer |
30 |
81 |
93 |
55 |
105 |
192 |
83 |
26 |
65 |
30 |
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 |
152,93 |
148,65 |
154,43 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
50 mm |
Non-Certified |
0,00 |
0,00 |
163,80 |
0,00 |
161,47 |
163,15 |
153,23 |
0,00 |
149,57 |
0,00 |
0,00 |
Certified |
186,07 |
178,95 |
177,24 |
167,73 |
170,06 |
170,12 |
162,01 |
158,77 |
0,00 |
157,90 |
0,00 |
60 mm |
Non-Certified |
0,00 |
0,00 |
176,59 |
0,00 |
0,00 |
166,23 |
161,66 |
161,80 |
161,80 |
0,00 |
0,00 |
Certified |
185,41 |
0,00 |
191,95 |
188,08 |
180,13 |
176,66 |
175,59 |
176,54 |
175,31 |
173,34 |
0,00 |
70 mm |
Non-Certified |
190,98 |
0,00 |
192,77 |
179,69 |
0,00 |
175,37 |
170,46 |
167,07 |
164,23 |
0,00 |
162,75 |
Certified |
208,17 |
204,67 |
202,35 |
196,18 |
191,40 |
184,06 |
182,94 |
180,15 |
189,86 |
185,36 |
176,59 |
80 mm |
Non-Certified |
0,00 |
185,57 |
181,59 |
198,59 |
177,30 |
171,84 |
169,25 |
168,09 |
166,39 |
0,00 |
0,00 |
Certified |
205,85 |
203,24 |
202,24 |
199,85 |
194,68 |
190,58 |
181,88 |
190,15 |
0,00 |
0,00 |
0,00 |
Merino Fleece, AWEX Style 5 - MF5 |
40 mm |
Non-Certified |
131,97 |
130,45 |
132,48 |
124,81 |
120,72 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
Certified |
139,98 |
145,56 |
146,49 |
156,07 |
148,14 |
138,08 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
50 mm |
Non-Certified |
159,45 |
155,18 |
141,26 |
149,89 |
153,63 |
155,08 |
150,35 |
144,74 |
141,34 |
0,00 |
0,00 |
Certified |
180,83 |
173,83 |
169,79 |
160,63 |
165,06 |
162,53 |
165,81 |
158,84 |
160,69 |
0,00 |
0,00 |
60 mm |
Non-Certified |
174,37 |
181,72 |
161,55 |
167,74 |
161,04 |
163,98 |
150,32 |
159,99 |
157,90 |
0,00 |
158,65 |
Certified |
189,85 |
187,85 |
183,34 |
182,34 |
178,14 |
176,64 |
172,73 |
171,68 |
170,85 |
169,21 |
0,00 |
70 mm |
Non-Certified |
171,03 |
178,96 |
172,68 |
155,36 |
164,28 |
148,04 |
154,87 |
163,08 |
165,09 |
164,64 |
0,00 |
Certified |
214,67 |
201,15 |
192,82 |
192,64 |
189,04 |
182,84 |
178,97 |
179,91 |
172,46 |
176,69 |
170,88 |
80 mm |
Non-Certified |
0,00 |
200,49 |
183,73 |
170,91 |
159,78 |
168,27 |
159,99 |
166,06 |
164,91 |
155,43 |
0,00 |
Certified |
205,90 |
208,60 |
199,98 |
193,89 |
190,83 |
185,26 |
181,40 |
181,03 |
180,08 |
178,19 |
0,00 |
Merino Fleece, AWEX Style 6 - MF6 |
40 mm |
Non-Certified |
0,00 |
139,25 |
0,00 |
105,92 |
0,00 |
95,35 |
126,78 |
0,00 |
0,00 |
0,00 |
0,00 |
Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
146,11 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
50 mm |
Non-Certified |
0,00 |
163,44 |
143,47 |
0,00 |
0,00 |
152,61 |
138,45 |
0,00 |
129,87 |
0,00 |
0,00 |
Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
142,20 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
60 mm |
Non-Certified |
150,37 |
170,36 |
152,32 |
148,94 |
130,51 |
139,92 |
136,85 |
125,89 |
150,92 |
0,00 |
0,00 |
Certified |
0,00 |
0,00 |
0,00 |
0,00 |
128,31 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
70 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
151,31 |
164,91 |
169,50 |
159,66 |
0,00 |
0,00 |
0,00 |
0,00 |
Certified |
0,00 |
170,50 |
196,30 |
191,60 |
0,00 |
0,00 |
171,04 |
0,00 |
0,00 |
0,00 |
0,00 |
80 mm |
Non-Certified |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
0,00 |
165,43 |
146,67 |
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 |
* 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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