Page 2 - 23 May 2025
P. 2
PAGE 2 · THE REPORTER 23 MAY 2025
significant reduction of 226 We congratulate Mark
420 bales. A fairly large Douglas (Riverina Farming),
offering of 12 263 bales were Stutterheim, on achieving
offered on this sale with a the highest price of R147.00
clearance rate achieved of /kg for 3 bales of AFY of
97.15% with the biggest 18.6µ, on the Lapersonne
volume buyer being Tianyu Wool auction. The buyer was
SA with a market share of Vitale Barbeis Canonico SA
29.46%. (VBC).
T h e w o o l m a r k e t ground with less attractive
ex p e r i e n c e d a n o t h e r and inferior types bearing
negative outcome this week the brunt of the cheaper
with the certified indicator market. On the supply side it
reducing by 1.8% compared is interesting to note that in
to the previous week. All the South Africa we have had
gradual gains of the previous 2.9% more wool pass
week's sales are being through the auction system
eroded which has largely this season compared to last
been attributed to a large season but in Australia,
Hebrews 11:1 degree of uncertainty with season to date, they have
factors affecting global had 13.8% fewer bales at
Now faith is confidence in what we hope trade. The buyers are still auction than the previous
for and assurance about what we do not competing well for the most s e a s o n . G i v e n t h e
see. stylish, high spec, certified production quantities in
wools which are holding their Australia this represents a
