Wool Market Report – 10 October 2019

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October 11, 2019

On the 6th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 1,3% to close on 16982c 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 18297 (-2,5%) 21 µ 17231 (+1,7%)
19 µ 18164 (+0,1%) 22 µ 17220 (+2,2%)
20 µ 17478 (+0,8%)

 

The key buyers from the previous sale were: Lempriere S A (3,686 bales), G Modiano (3,119 bales), Standard Wool (2,871 bales) Of the 12,988 bales offered 12,765 bales were declared sold (98%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB EASTERN REGION
  Area Descr. AWEX Type Mic Clean NKT Price
1. LJ King Tarkastad CH MWF4E.63 16.2µ 74.4% 43 15260c
2. LJ King Tarkastad BH MWF4E.75 17.0µ 77.8% 40 15000c
3. Buffelshoek Safaris Bk Somerset-Oos BL MWF4E.75 18.1µ 74.7% 46 14900c
4. CC Brown Cathcart BH MWF4S.70 17.8µ 76.9% 40 14800c
5. HT Gertenbach Smithfield AH MWF4S.78 18.7µ 74.2% 38 14720c
6. Buffelshoek Safaris Bk Somerset-Oos YAM MF4E.92 18.7µ 74.9% 34 14720c
7. Buffelshoek Safaris Bk Somerset-Oos YBF MF4E.82 17.6µ 72.9% 39 14650c
8. Narrows Slip Trust Stutterheim AH MWF4E.78 17.5µ 73.7% 45 14610c
9. MN Troskie Langenhovenpark CMY MF4E.63 16.6µ 72.0% 38 14580c
10. P Fouche Rouxville AAH MWF4S.86 18.4µ 77.0% 43 14570c

 

The next auction will take place on the 17th of October 2019.

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