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Wool Market Report – 10 February 2021

11 February 2021

On the 21st wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 2,0% to close on 15922c 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 20302 (-5,3%) 21 µ 14723 (-1,1%)
19 µ 17822 (-3,3%) 22 µ 13297 (-2,3%)
20 µ 15516 (-2,0%) 23 µ

  The key buyers on the sale were: Lempriere Wool Services SA (1,705 bales), Standard Wool (1,436 bales) G Modiano (1,345 bales). Of the 6,343 bales offered 6,216 bales were declared sold (97%).   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. JFN Brits Volksrust CL MWF5S.70 16.0µ 64.2% 38 17400c
2. Hermanusheuwel Bk RWS Bredasdorp AH MWF4E.83 17.4µ 71.8% 30 17230c
3. James Prinsloo Trust Volksrust BL MWF5S.74 16.4µ 66.2% 25 16800c
4. E Hancke Bethal AH   MWF5E.87 16.0µ 63.0% 21 16300c
5. James Prinsloo Trust Volksrust CL MWF4S.55 17.1µ 68.0% 55 15910c
6. James Prinsloo Trust Volksrust DL MLF4E.40 16.6µ 68.2% 15900c
7. James Prinsloo Trust Volksrust CFY MF5S.68 17.0µ 64.5% 28 15900c
8. Hermanusheuwel Bk RWS Bredasdorp CH   MWF4E.69 17.7µ 69.3% 60 15790c
9. JFN Brits Volksrust AH MWF5S.94 17.0µ 64.1% 29 15500c
10. OH Davis Swartberg CMY MF5E.69 17.1µ 68.9% 34 15500c

The next auction will take place on the 17th of February 2021.