Wool Market Report – 13 February 2020

RFID-equipment-school
School in Grabouw equipped with RFID technology
February 14, 2020
BKB-wool-store

On the 19th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 0,4% to close on 17806c 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 19538  (+0,3%) 21 µ 17563 (+0,7%)
19 µ 18246  (-2,2%) 22 µ 17858 (-0,8%)
20 µ 18081  (+0,8%)

The key buyers from the previous sale were: Lempriere S A (1,652 bales), Standard Wool (1,581 bales), G Modiano (1,007 bales) Of the 5,181 bales offered 4,899 bales were declared sold (94%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
  Area Descr. AWEX Type Mic Clean NKT Price
1. JMP Webber Grahamstown AH MWF4E.78 16.6µ 71.0% 48 16000c
2. J.Whipp Memel AH MWF4E.110 17.5µ 72.2% 40 15250c
3. Neethoek Bdy Smithfield BMY MF5S.62 16.6µ 71.2% 41 14910c
4. Stefan Naude Trust Hanover AH MWF4S.95 17.9µ 71.7% 38 14870c
5. JMP Webber Grahamstown NKS MF5S.92 18.1µ 72.4% 42 14700c
6. J.Whipp Memel AM MF4E.91 19.8µ 73.9% 37 14610c
7. JMP Webber Grahamstown BFF MF4E.72 17.1µ 67.7% 51 14610c
8. JMP Webber Grahamstown AFF MF4E.93 17.8µ 70.5% 48 14500c
9. J.Whipp Memel AMY MF4E.100 18.8µ 73.5% 38 14480c
10. J.Whipp Memel AFY MF4E.94 18.8µ 73.4% 42 14470c

The next auction will take place on the 20th of February 2020.

Read full report here.

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