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Wool Market Report - 11 August 2021

12 August 2021

On the 01st wool auction of the 2021/2022 sale season, the merino wool market indicator increased by 2,1% to close on 16613c 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 23172 (+4,5%) 21 µ 15085 (+2,3%)
19 µ 19795 (+4,3%) 22 µ 13828 (+0,5%)
20 µ 15855 (+1,5%) 23 µ

The key buyers on the sale were: Standard Wool (3,204 bales), G Modiano (2,534 bales) Tianyu SA Pty (Ltd) (2,278 bales). Of the 12,344 bales offered 11,509 bales were declared sold (93%). 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. TC Botha     RWS Adelaide CFH MWF4S.66 15.6µ 70.1% 31 22020c
2. TC Botha     RWS Adelaide BFH MWF4S.78 16.2µ 71.6% 31 22010c
3. MJ Herholdt & Sons CC     RWS Beaufort-Wes BMY MF4E.63 16.5µ 69.0% 46 21220c
4. EK Moorcroft   RWS Adelaide CH   MWF4S.51 16.4µ 74.2% 20800c
5. TC Botha   RWS Adelaide BMY MF4E.74 17.7µ 78.1% 49 20600c
6. Moorcroft Trust   RWS Adelaide CMY1 MF5S.55 16.9µ 72.8%   49 20600c
7. TC Botha   RWS Adelaide CFY MF4E.60 17.2µ 74.3% 45 20500c
8. Op die Bulte Bdy (Pty) Ltd   RWS Memel CL   MWF4E.67 16.8µ 71.1% 35 20500c
9. NB De Wet   RWS Ermelo CL   MWF5S.62 17.4µ 78.3% 51 20300c
10. AC Lombard en Seun (Pty) Ltd   RWS Adelaide BFY MF4S.75 17.6µ 76.2% 53 20300c

The next wool auction for the new season, will take place on 18 August 2021.