After last week’s auction recess and with two wool auctions
scheduled for this week, the 2nd sale of the 2026/27 wool auction took place
today, with 4 040 bales
on offer.
The majority of the offering consisted of fine micron, long
length wools, whilst sustainably certified wools comprised 58,9% of the merino
wools on offer.
The market returned on a positive note today, following the
good market signals emanating from the Australian market, despite the
strengthening of the ZAR
against the US$. The good competition on the auction floor
resulted in an overall sales clearance of 95,5%.
The all-merino indicator increased by 5,0%
to close on R266,20 p/kg , with the certified indicator increasing by 4,5% to
close on R272,17 p/kg
A highest clean price of R356,14 p/kg (clean)(R266,00 p/kg
greasy) — was paid for a single-bale lot of 15,6-micron
Merino wool. The highest greasy price of
R270,10 p/kg was paid for a 2-bale lot of 17,6-micron
Merino wool.
The Australian market continued to deliver positive results
and gained 1,4% (AU$) from their previous sale held on Wednesday, 26 August.
The major buyers on today’s sale were Fibre Flow (899), BKB
Pinnacle Fibres (607), Standard Wool SA (527) and G Modiano SA (524).
The next sale will take place on 2 September 2026, where
approximately 5 671 bales will be on offer.