Wool Market Report 3 October 2018

Wool market kicks against the wind – Mecardo
October 2, 2018
Supply still boosting price – Mecardo
October 8, 2018

On the 7th wool auction of the 2018/2019 season, the merino wool market indicator decreased with -2,3% to close on 22395c per kg clean. This is approximately 24,70% 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      26486  (-3,6%)                          21 µ      23060   (-2,3%)

19 µ     24660  (-2,9%)                          22 µ     22289   (-2,0%)

20 µ     23085  (-2,9%)                          23 µ     18500   (-2,8%)

 

The main buyers on the sale were: G Modiano (2,751 bales), Standard Wool (1,574 bales), Tianyu S A Pty (Ltd) (1,423 bales). Of the 7,534 bales offered 7,407 bales were declared sold (98%).

 

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. OJ Klingenberg Wakkerstroom AFH MWF4S.81 17.7µ 75.6% 49 21500c
2. P. Viljoen Van Stadensrus BH MWF4S.80 16.6µ 73.1% 31 21290c
3. Aletmarli Bk Molteno BH MWF4S.72 17.4µ 76.2% 50 21190c
4. Aletmarli Bk Molteno CH MWF4S.57 16.9µ 77.4% 51 21010c
5. DW Wardle Stutterheim AH MWF4S.74 17.6µ 74.2% 50 20910c
6. Buffelskloof Trust Bedford BFFH MWF4E.75 17.4µ 74.1% 48 20910c
7. P.Viljoen Van Stadensrus AH MWF4S.96 17.3µ 74.5% 37 20760c
8. DW Wardle Stutterheim AFY MF4E.87 17.7µ 74.8% 54 20720c
9. OJ Klingenberg Wakkerstroom AH MWF4E.68 17.1µ 74.9% 48 20520c
10. OJ Klingenberg Wakkerstroom BFH MWF4S.68 17.4µ 74.3% 54 20250c

 

The next auction for catalogue P0818 will take place on 10 October 2018.

Kontak gerus  BKB se Veselbemarking-Afdeling vir verdere inligting :

For futher information contact BKB Fibre Marketing Division :

 

Grahamstadweg 61 Grahamstown Rd, Noordeinde / North End, Port Elizabeth, 6001

Tel: 041 503 3111 Faks/Fax: 041 503 3113,

epos  / email: phillip.fourie@bkb.co.za

www.bkb.co.za

 

All the content of this document is for information purposes only and may not be applicable to all users / readers.  BKB Ltd and its affiliates cannot be held responsible for any decisions taken based on information obtained from this document.

Click here to download the full market report.

Do NOT follow this link or you will be banned from the site!