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Wool Market Report - 1 September 2021

02 September 2021

On the 3rd wool auction of the 2021/2022 sale season, the merino wool market indicator decreased by 1,6% to close on 16495c 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 22249 (-3,5%) 21 µ 15345 (+0,9%)
19 µ 18625 (-4,6%) 22 µ 13869 (-1,5%)
20 µ 15701 (-1,1%) 23 µ

The key buyers on the sale were: Standard Wool (1,530 bales), Tianyu SA Pty (Ltd) (1,159 bales) Stucken (860 bales). Of the 6,172 bales offered 5,641 bales were declared sold (91%).   Highest prices achieved on the BKB auction were as follows:

TOP 10 BKB PORT ELIZABETH
Name Scheme Area Descr. AWEX Type Mic Clean NKT Price
1. Carreebosch Farming (EDMS)Bpk     RWS Cradock BH MWF4S.77 16.8µ 74.1% 46 21200c
2. TJ Phillips     RWS Barkly-Oos AFH MWF4S.78 17.1µ 76.9% 45 21100c
3. SB De Klerk      Grahamstown  BH MWF4S.72 15.8µ 66.7% 43 20480c
4. TJ Phillips   RWS Barkly-Oos BFH   MWF4S.68 17.2µ 78.9% 50 20390c
5. GWP Farming (Pty) Ltd   RWS Burgersdorp CL MWF4S.68 16.9µ 75.1% 50 20290c
6. TJ Phillips   RWS Barkly-Oos CFH MWF4S.58 16.9µ 78.4%   48 20100c
7. Cawthorn Farming Trust   RWS Stutterheim BH MWF3E.59 16.9µ 76.1% 56 19800c
8. TJ Phillips   RWS Barkly-Oos BKSH   MWF5ML.71 16.6µ 73.0% 35 19800c
9. SB De Klerk    Grahamstown BBH   MWF4E.84 16.3µ 67.9% 40 19500c
10. SB De Klerk    Grahamstown AH MWF4S.95 16.7µ 67.9% 34 19500c

The next wool auction, will take place on 14 September 2021.