Wool Market Report – 14 November 2019

How volatile are wool prices?
November 11, 2019
mohair-report
Mohair Market Report – 19 November 2019
November 20, 2019
14-november-wool-market-report

On the 11th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 1,0% to close on 17464c 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**
18 µ 19167 (+0,5%) 21 µ 17723 (+1,4%) *Clean wool price

**Price movement

19 µ 18419 (+3,3%) 22 µ 17450 (+3,6%)
20 µ 17671 (+1,9%)

The key buyers from the previous sale were: G Modiano (3,558 bales), Standard Wool (2,896 bales), Tianyu S A Pty (Ltd) (2,310 bales) Of the 10,548 bales offered 10,307 bales were declared sold (97%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
Area Descr. AWEX Type Mic Clean NKT Price
1. Vleiplaas Trust Trompsburg BH MWF4S.71 16.5µ 72.3% 45 16240c
2. DH Currie Farming Trust Cathcart BH MWF4E.78 16.7µ 72.5% 38 16210c
3. Kaalplaatz Bdy (Pty)Ltd Cradock BH MWF4E.72 17.3µ 74.0% 41 15880c
4. Vleiplaas Trust Trompsburg AH MWF4S.76 17.2µ 73.0% 50 15710c
5. DH Currie Farming Trust Cathcart CH MWF4E.71 15.9µ 71.4% 36 15630c
6. Swaershoekberg Bdy (Edms) Cradock CH MWF4E.66 16.4µ 76.7% 44 15610c
7. Swaershoekberg Bdy (Edms) Cradock BH MWF4E.82 16.4µ 74.6% 36 15610c
8. SWaershoekberg Bdy(Edms) Cradock AH MWF4E.97 16.5µ 74.3% 37 15600c
9. Mount Marlow Farming (Pty)Ltd Somerset-Oos BH MWF4E.71 17.3µ 71.8% 41 15460c
10. LS Scheepers Sterkstroom BH MWF4E.73 17.3µ 77.9% 42 15430c


The next auction will take place on the 21st of November 2019.

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