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.

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