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Wool Market Report - 14 April 2021

16 April 2021

On the 28th wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 3,4% to close on 15563c per kg clean wool. The average clean wool market indicators for good quality long fleece wool (MF4/MF5) with a tensile strength of 35 (NKT) were as follows:

Fibrediameter (µ) CWP*  PM** Fibrediameter (µ) CWP* PM**     *Clean wool price **Price movement  
18 µ 20388 (-1,9%) 21 µ 14474 (-4,1%)
19 µ 18432 (-1,3%) 22 µ 13812 (-5,3%)
20 µ 15212 (-5,2%) 23 µ    

The key buyers on the sale were: Standard Wool (2,902 bales), G Modiano (2,839 bales) Lempriere Wool Services SA (2,171 bales). Of the 11,797 bales offered 11,038 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. Ribbokkop Bdy (Edms) Bpk   RWS Tarkastad BFFF MF4S.71 15.8µ 73.2% 36 20490c  
2. Ribbokkop Bdy (Edms) Bpk RWS Tarkastad BH MWF4S.64 16.2µ 76.3% 42 19800c  
3. Mooibank Bdy (Pty) Ltd   RWS Wakkerstroom BFH MWF4E.81 16.2µ 73.9% 37 19570c  
4. Mooibank Bdy (Pty) Ltd RWS Wakkerstroom AFH   MWF4E.90 16.6µ 74.3% 43 19560c  
5. Mooibank Bdy (Pty) Ltd RWS Wakkerstroom BKSH MWF5M.76 16.4µ 73.7% 39 19400c  
6. Ribbokkop Bdy (Edms) Bpk RWS Tarkastad BFF MF4E.72 16.8µ 75.5%   39 19170c  
7. Mooibank Bdy (Pty) Ltd RWS Wakkerstroom BH MWF5E.79 16.6µ 73.1% 43 18890c  
8. Mooibank Bdy (Pty) Ltd RWS Wakkerstroom CL   MWF4S.70 16.6µ 73.0% 39 18720c  
9. Mooibank Bdy (Pty) Ltd RWS Wakkerstroom AH MWF5E.88 17.0µ 73.5% 47 18700c  
10. Leroy Phillips Farming (Pty) Ltd   Molteno BH MWF4S.73 16.3µ 71.8% 37 18600c  

The next auction will take place on the 21st April 2021.