Page 2 - 21 March 2025

PAGE 2 · THE REPORTER 21 MARCH 2025

on offer being certified. A market share of 31.21%
slightly stronger Rand We congratulate Denis
against all major currencies Giddy, Barkly East, on
had little effect on the market achieving the highest price
with buyers eager to secure
their requirements from an of R 162.00 /kg for 5 bales of
offering 7 377 bales. AH of 16.5 micron, on the
Modiano SA were by far the Lapersonne Wool auction.
biggest volume buyer with 2 The buyer was Standard
247 bales purchased, a Wool SA.

Another good and positive d e m a n d a n d b u y e r
week for the wool market as participation was evident
the market rose significantly from the start as the
on the back of the small Australian market had set
increases seen over the past the tone earlier in the day for
few weeks. A 3.6% increase good gains to be made
in the certified indicator across the entire micron
represents the largest spectrum. A solid demand
increase in the indicator for for RWS certified wool saw
this season and sees the premiums also advance as
18000 SA c/kg clean level competition to secure these
passed for the first time since wools increased with only
January 2024. Good 48.8% of the Merino wools