Wool Market Report – 09 January 2020

Marketing Solutions During FMD Outbreak
December 9, 2019
Wool Market Report – 16 January 2020
January 17, 2020

On the 14th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 4,3% to close on 17647c per kg clean wool. The average clean wool market indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:

Fibrediameter (µ) CWP*   PM** Fibrediameter (µ) CWP* PM**     *Clean wool price

**Price movement

 

18 µ 18253 (-0.1%) 21 µ 17541 (+0.5%)
19 µ 17886 (+0,5%) 22 µ 16829 (-1,7%)
20 µ 17433 (+1,4%)      

 

The key buyers from the previous sale were: G Modiano (3,506 bales), Standard Wool (3,261 bales), Tianyu S A Pty Ltd (2,582 bales) Of the 12,206 bales offered 12,034 bales were declared sold (98%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
  Area Descr. AWEX Type Mic Clean NKT Price
1. Mooibank Boerdery (Pty) Ltd Wakkerstroom CL MWF5E.69 16.8µ 75.3% 46 15550c
2. Mooibank Boerdery (Pty) Ltd Wakkerstroom BNKSY MP5S.83 17.7µ 77.3% 31 15500c
3. Mooibank Boerdery (Pty) Ltd Wakkerstroom DL MLF5E.40 17.2µ 74.9%   14910c
4. GS Levey Tarkastad BFFY MF4S.67 16.9µ 70.8% 41 14900c
5. Mooibank Boerdery (Pty) Ltd Wakkerstroom CL MWF5E.64 17.8µ 76.8% 49 14850c
6. AM Swanepoel & Seuns Pty Ltd Smithfield BBMY MF4S.74 18.2µ 71.3% 42 14740c
7. AM Swanepoel & Seuns Pty Ltd Smithfield BMY MF4S.72 17.8µ 71.1% 40 14710c
8. Mooibank Boerdery (Pty) Ltd Wakkerstroom AF MF5E.79 18.9µ 73.9% 43 14660c
9. Mooibank Boerdery (Pty) Ltd Wakkerstroom BF MF4E.73 18.8µ 72.4% 47 14560c
10. Mooibank Boerdery (Pty) Ltd Wakkerstroom TDRY MF5E.81 17.6µ 71.6% 19 14500c

 

The next auction will take place on the 16th of January 2020.

Do NOT follow this link or you will be banned from the site!