Wool Market Report – 7 November 2019

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Mohair Market Report – 5 November 2019
November 6, 2019
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On the 10th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by 4,7% to close on 17290c per kg clean wool. The average clean wool market indicators for good quality long fleece wool (MF4/MF5) with a tenstile strength of 35 (NKT) were as follows:

Fibrediameter (µ) CWP*   PM** Fibrediameter (µ) CWP* PM**     *Clean wool price

**Price movement

 

18 µ 19077 (-1,8%) 21 µ 17483 (-2,5%)
19 µ 17828 (-6,2%) 22 µ 16837 (-2,4%)
20 µ 17345 (-4,4%)

The key buyers from the previous sale were: Standard Wool (3,792 bales), G Modiano (2,880 bales), Tianyu S A Pty (Ltd) (2,515 bales) Of the 12,546 bales offered 11,985 bales were declared sold (95%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
  Area Descr. AWEX Type Mic Clean NKT Price
1. Kleiheuwel Trust Bredasdorp BKS MF5M.87 16.6µ 74.9% 50 16510c
2. DCF Bekker Zastron BH MWF4E.85 16.8µ 72.8% 36 15960c
3. Kleiheuwel Trust Bredasdorp AFY MF4S.83 17.0µ 74.1% 41 15690c
4. Kleiheuwel Trust Bredasdorp BM MF4E.70 18.3µ 76.4% 50 15600c
5. CJ Carroll Dewetsdorp AH MWF4E.78 17.6µ 74.1% 40 15400c
6. CJ Carroll Dewetsdorp BH MWF4E.74 16.9µ 72.1% 41 15330c
7. BM Pringle Adelaide BNKSY MP5S.79 15.8µ 74.3% 43 15300c
8. White Wools (Pty) Ltd Molteno BH MWF4S.69 16.9µ 70.7% 48 15100c
9. DCF Bekker Zastron AH MWF4S.95 17.9µ 73.2% 36 15090c
10. DCF Bekker Zastron AMY MF4S.94 18.7µ 74.7% 39 15020c

The next auction will take place on the 14th of November 2019.

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