Wool Market Report – 28 November 2019

21-november-wool-market-report
Wool Market Report – 21 November 2019
November 22, 2019
Mohair Market Report – 3 December 2019
December 5, 2019

On the 13th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by 0.1% to close on 16917c 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 (4,904 bales), Standard Wool (4,069 bales), Tianyu S A Pty Ltd (803 bales) Of the 11,499 bales offered 11,253 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. AW Pringle Bedford ANKS MF5E.91 20.1µ 76.0% 42 15020c
2. JT Turner Paterson ANKS MF5E.100 19.3µ 74.3% 46 14660c
3. HA Botha Barkly-Oos BMH MWF4E.91 16.7µ 72.3% 44 14650c
4. AW Pringle Bedford BFFH MWF4E.73 16.8µ 69.7% 41 14600c
5. HJ Hatley Memel AMY MF4E.99 19.2µ 73.5% 38 14440c
6. Hassiesfontein Trust Molteno BM MF4E.79 17.1µ 72.1% 42 14440c
7. Hassiesfontein Trust Molteno BH MWF4E.80 16.6µ 69.8% 29 14410c
8. Pringle Brothers CC Bedford AMY MF4E.93 17.3µ 71.0% 49 14410c
9. AW Pringle Bedford ANKS MF5E.89 18.9µ 72.6% 40 14340c
10. Hassiesfontein Trust Molteno AMY MF4E.93 18.2µ 73.1% 41 14320c


The next auction will take place on the 9th of January 2020.

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