Blog Article

Wool Sales Catalogue 28
published 01 May 2025

The 28th sale of the 2024/25 wool season took place this week, after a week’s recess for the Easter period.

A total of 10 358 bales were on offer, with 70% of the offering testing 20 micron and finer.

The bulk of the offering consisted of medium length wools and sustainably certified wools comprised 44% of the merino wools on offer.

Amidst an uncertain global trading environment, the market came under pressure today, with further downward pressure from a stronger SA currency against the US$.

Good competition for the better-quality merino wools resulted in an overall sales clearance of 95,1%.

The all-merino indicator declined by 4,3% to close on R181,50 p/kg, with the certified indicator also retracting by 4,3% to close on R186,56 p/kg.

A highest price of R244,04 p/kg was paid for a single bale lot of 15,9-micron merino wool.

The Australian market also came under pressure this week and declined by 1,1%(AU$) from their previous sale held on Wednesday, 16 April.

The major buyers on this week's sale were G Modiano SA (2 251), Standard Wool SA (2 174), BKB Pinnacle Fibres (1 986) and Tianyu SA (1 323).

The next sale will take place on 7 May 2025 where approximately 6 290 bales will be on offer.

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Wool Sales Catalogue 28published 01 May 2025

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Wool Sales Catalogue 28
published 01 May 2025