Wool Market Report – 28 November 2018

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On the 15th wool auction of the 2018/2019 season, the merino wool market indicator decreased with -1,1% to close on 20771c per kg clean. This is approximately 11,34% 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 23838 (+0,7%) 21 µ 21916 (+0,2%)

19 µ 22448 (-1,1%) 22 µ 20727 (+1,2%)

20 µ 22158 (+0,3%) 23 µ 17253 (+0,1%)

 

The main buyers on the sale were: G Modiano (3,971 bales), Standard Wool (3,322 bales), Tianyu S A Pty Ltd (1,979 bales). Of the 12,939 bales offered 12,504 bales were declared sold (96%).

 

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. HA Botha Barkly-Oos AMH MWF4S.93 17.0µ 75.7% 43 19210c
2. Hassiesfontein Trust Molteno AMY MF4E.89 17.0µ 75.5% 40 19090c
3. CJ Carroll Dewetsdorp BH MWF4S.68 16.9µ 75.7% 37 19000c
4. CJ Carroll Dewetsdorp AH MWF4S.85 17.6µ 76.7% 31 18940c
5. SB Bastard Cedarville BFY MF4E.82 17.0µ 74.0% 43 18810c
6. Hassiesfontein Trust Molteno AH MWF4E.101 17.1µ 74.6% 35 18810c
7. BG Cotterrell Cathcart AF MF4E.100 17.8µ 76.5% 43 18700c
8. Hassiesfontein Trust Molteno BH MWF4E.74 16.5µ 73.2% 34 18600c
9. SB Bastard Cedarville AFY MF4E.93 17.9µ 75.0% 46 18570c
10. JOC J Van den Berg Dewetsdorp BMY MF4E.67 17.5µ 74.9% 45 18400c

 

The next auction for, catalogue P1618 will take place on 5 December 2018.

 

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