Wool Market 6 September

Woolgrowers discussions
September 4, 2017
verskaffers
Verskaffers en takke vereer
September 11, 2017
wool

On the 3rd wool auction of the 2017/2018 season, the merino wool market indicator decreased with -4,0% to close on 17366c per kg clean. This is approximately 12,71% 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      20445  (-6,0%)               21 µ      16391   (-6,1%)

19 µ      18843  (-6,3%)               22 µ      15864   (-2,9%)

20 µ      17380  (-4,0%)               23 µ      14341   (-4,6%)

 

The main buyers on the sale were: G Modiano (2,708 bales), Standard Wool (2,027 bales),

Tianyu South Africa Pty (Ltd) (1,627 bales). Of the 9,267 bales offered 9,101 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. AC Lombard & Seun Adelaide BFY MF4E.83 17.8µ 75.0% 46 17970c
2. Wiesdrift Boerdery Bredasdorp AAM MF4S.92 17.6µ 74.0% 45 17910c
3. NC Pringle Adelaide CFY MF4S.76 15.9µ 71.4% 35 17750c
4. Jaco Cloete Bdy Bk Steynsburg BH MWF4E.73 17.8µ 74.5% 41 17700c
5. Rustfontein De Aar Bdy Bk De Aar BH MWF4S.78 16.8µ 73.8% 45 17430c
6. NC Pringle Adelaide BF MF4E.81 17.0µ 70.2% 40 17350c
7. GW Price Burgersdorp BH MWF4S.74 17.3µ 72.8% 49 17300c
8. Wiesdrift Boerdery Bredasdorp BMY MF4S.68 16.5µ 72.3% 44 17200c
9. Wiesdrift Boerdery Bredasdorp AM MF4S.80 16.8µ 70.8% 45 17200c
10.NC Pringle Adelaide AF MF4E.93 17.4µ 71.5% 37 17100c

 

BKB Congratulate the above mentioned clients on their achievements.

 

The next auction for, catalogue P0417 will take place on 13 September 2017.