Wool Market Report – 26 February 2019

Merino Classic ’19 gehalte skaap was bogemiddeld
February 25, 2019
New BKB retail store opened in Port Elizabeth
March 1, 2019

On the 23rd wool auction of the 2018/2019 season, the merino wool market indicator decreased with -0,3% to close on 21876c per kg clean. This is approximately 17,96% 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      23961  (-1,5%)                          21 µ      22114   (-1,0%)

19 µ     23558  (+0,5%)                         22 µ     21778   (+0,5%)

20 µ     22829  (+0,5%)

The main buyers on the sale were: G Modiano (1,387 bales), Tianyu South Africa Pty (Ltd) (1,127 bales), Standard Wool (1,055 bales). Of the 5,924 bales offered 5,207 bales were declared sold (87%).

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. SW Roeland Bdy Bk Vrede BH MWF5E.71 17.6µ 69.7% 41 17610c
2. WF Terblanche Molteno BMY MF4E.70 16.8µ 69.0% 34 17100c
3. JE Van Rooyen Edenburg BBH MWF4S.80 17.3µ 66.0% 47 17010c
4. Sanddrift Farm CC Bonnievale AM MF4E.84 19.2µ 73.5% 37 16780c
5. SW Roeland Bdy Bk Vrede CH MWF5E.65 17.1µ 68.4% 47 16710c
6. J De V Pienaar Beaufort West YBM MF4E.66 17.8µ 65.6% 38 16640c
7. WF Terblanche Molteno BM MF4E.72 18.6µ 68.9% 40 16470c
8. PH Van Rooyen Edenburg BMY MF4E.76 18.8µ 69.6% 47 16450c
9. SW Roeland Bdy Bk Vrede CH MWF5E.66 17.2µ 67.1% 39 16450c
10. Ruiterskraal Landgoed Bk Steynsburg AMY MF4S.80 18.9µ 70.0% 40 16400c

The next wool auction, catalogue P2418 will be offered on 27 February 2019.

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