Wool Market Report 7 November 2018

Mohair Market Report 6 November 2018
November 7, 2018
Skaapskeersake met Izak Klopper van NWKV
November 9, 2018

On the 12th wool auction of the 2018/2019 season, the merino wool market indicator decreased with -6,0% to close on 20468c per kg clean. This is approximately 4,99% 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      23188  (-5,7%)                          21 µ      21373   (-6,0%)

19 µ     22123  (-6,2%)                          22 µ     20373   (-5,1%)

20 µ     21567  (-6,3%)                          23 µ     16920   (-5,9%)

 

The main buyers on the sale were: G Modiano (2,648 bales), Tianyu S A Pty (Ltd) (2,251 bales), Standard Wool (2,055 bales) .Of the 9,189 bales offered 8,630 bales were declared sold (93%).

 

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. DH Currie Farming Trust Cathcart BH MWF4E.77 16.9µ 75.4% 45 20500c
2. AW Pringle Bedford BFFH MWF4E.72 16.9µ 73.4% 46 20000c
3. AW Pringle Bedford AFFH MWF4E.80 17.4µ 74.9% 52 19100c
4. DH Currie Farming Trust Cathcart AH MWF4E.86 17.6µ 75.0% 41 19040c
5. FWA Alexander Trompsburg BMY MF4S.70 17.8µ 75.9% 41 18510c
6. DCF Bekker Zastron BH MWF4S.68 17.2µ 75.4% 41 18490c
7. DCF Bekker Zastron AH MWF4S.85 17.8µ 76.1% 37 18400c
8. GH Byers Dordrecht AFF MF4E.86 17.3µ 69.7% 49 18400c
9. DH Currie Farming Trust Cathcart CH MWF4E.71 16.2µ 72.7% 42 18300c
10. Uithoek Boerdery Dewetsdorp BH MWF4E.70 17.0µ 76.2% 58 18150c

 

The next auction for, catalogue P1318 will take place on 14 November 2018.

 

Read the full market report here.