Wool Market Report – 23 January 2020

south-african-wool-market-opens-strongly
South African wool market opens strongly
January 21, 2020
Wool Market Report – 30 January 2020
January 31, 2020
bkb-wool-market-report

On the 16th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by -1,1% to close on 17544c 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 19112 (-0,4%) 21 µ 17454 (-0,4%)
19 µ 18582 (-0.5%) 22 µ 17384 (-2,5%)
20 µ 17732 (-1,4%)      

The key buyers from the previous sale were: G Modiano (3,259 bales), Standard Wool (2,819 bales), Lempriere S A (2,091bales) Of the 11,012 bales offered 10,760 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. CF Swart Barkly-Oos BFH MWF4E.80 17.0µ 76.2% 36 16280c
2. CF Swart Barkly-Oos AFH MF4E.96 18.2µ 78.4% 41 16060c
3. PD Roets Barkly-Oos AFH MWF4E.94 18.4µ 76.0% 40 15680c
4. RJ Swart Barkly-Oos AFH MWF4E.93 18.0µ 75.5% 43 15650c
5. PD Roets Barkly-Oos AAFH MWF4E.106 18.9µ 78.2% 37 15510c
6. RJ Swart Barkly-Oos BFH MWF4E.81 17.3µ 72.8% 40 15400c
7. TR Swart Barkly-Oos BFH MWF4E.81 17.7µ 73.3% 47 15350c
8. SB Bastard Cedarville BFY MF4E.83 17.0µ 73.1% 45 15210c
9. CF Swart Barkly-Oos BKSY MF5E.91 18.1µ 73.5% 42 15200c
10. GMC Orpen Barkly-Oos AFFY MF4S.90 16.5µ 69.7% 42 15000c

The next auction will take place on the 30th of January 2020.

 

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