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Wool Sales Catalogue 23
published 13 Mar 2025

The 23rd sale of the 2024/25 wool season took place today, with an offering of 7 377 bales.

The offering consisted predominantly of fine micron (20 micron and finer) wools, with 48,8% of the merino wools offered being certified as sustainable. Non-producer lots once again accounted for the lower percentage of certified wools on offer.

The market continued on its upward trend, following the positive market sentiment emanating from Australia, despite the market having to contend with a stronger ZAR against the US$.

The market delivered very good results today, with improved competition for the certified wools on offer and the market achieved an overall sales clearance of 97,6%.

The all-merino indicator rose by 3,1% to close on R182.02 p/kg, whilst the certified indicator gained 3,6% to close on R186,35 p/kg.

A highest price of R252,54 p/kg (clean) was paid for a single bale lot of 16,5 micron merino wool.

The Australian market had another strong performance this week and closed 1,1% (AU$) up from their pervious sale held on Wednesday, 5 March.

The major buyers on today’s sale were G Modiano SA (2 247), BKB Pinnacle Fibres (1 268), Standard Wool SA (1 111) and Stucken & Co (976).

The next sale will take place on 19 March 2025 where approximately 9 226 bales will be on offer.

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Wool Sales Catalogue 23published 13 Mar 2025

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Wool Sales Catalogue 23
published 13 Mar 2025