Wool Market Report - 23 January 2019

On the 19^th wool auction of the 2018/2019 season, the merino wool market indicator increased with + 2,7% to close on 22102c per kg clean. This is approximately 19,11% higher than a year ago.

Average clean wool price indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:

18 µ 24615 (+1,3%) 21 µ 22747 (+1,7%)

19 µ 23913 (+2,3%) 22 µ 21579 (+2,3%)

20 µ 23160 (+2,0%) 23 µ 18061 (+2,0%)

The main buyers on the sale were: Standard Wool (2,655 bales), G Modiano (2,228 bales), Lempriere S A (1,620 bales). Of the 8,979 bales offered 8,750 bales were declared sold (97%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
Name	Area	Descr.	AWEX Type	Mic	Clean	NKT	Price
1. SD & GP Naude	Rhodes	AMH	MF4E.88	18.7µ	78.4%	41	19070c
2. John Stretton Farming CC	Molteno	AFH	MWF4E.77	16.5µ	71.9%	45	18910c
3. Eulogia Bdy (Edms) Bpk	Bethulie	BSY	MF4E.72	17.6µ	72.8%	39	18730c
4. JS Van Zyl	Barkly-Oos	AFFH	MWF4E.88	16.7µ	70.5%	37	18500c
5. Aquvadis Bdy ( Edms) Bpk	Barkly-Oos	AH	MWF4E.105	17.4µ	73.3%	29	18330c
6. Eulogia Bdy (Edms) Bpk	Bethulie	AMY	MF4S.71	18.0µ	72.8%	43	18120c
7. JD Klopper	Zastron	BH	MWF4S.77	16.8µ	71.4%	27	18090c
8. SD & GP Naude	Rhodes	BFH	MWF4E.91	16.4µ	68.4%	28	18060c
9. Jomar Trust (Fourie)	Amersfoort	BMY	MF4S.68	17.7µ	66.8%	49	18000c
10. Aquvadis Bdy (Edms) Bpk	Barkly-Oos	AAH	MWF4S.110	18.7µ	74.4%	32	17920c