After a week’s recess in auctions, the penultimate sale of the 2025/26 wool season took place today, with a smaller offering of 5 137 bales.
Although 60% of the offering tested 20 micron and finer, less than half of the offering consisted of long length wools. Sustainably certified wools comprised 60,8% of the merino wools on offer.
The market had a solid performance today, taking into account the stronger ZAR against the US$ of 2,59%. The performance on today’s sale is also on the back of good results emanating from the Australian market during the past week. An overall sales clearance of 91,82% was achieved.
The all-indicator rose by 1,7% to close on R270,39 p/kg, with the certified indicator closing 1,4% higher on R276,93 p/kg.
A highest price of R348,40 p/kg (clean) (R242,00 p/kg greasy) was paid for a single bale lot of 18,2-micron merino wool.
The Australian market rose by 3,46%(AU$) today, compared to the previous sale held on Wednesday, 27 May.
The major buyers on today’s sale were Standard Wool SA (922), Tianyu SA (845), Stucken & Co (787) and BKB Pinnacle Fibres (669).
The next sale will be held on 10 June 2026, when approximately 5 111 bales will be on offer.