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Wool Market Report - 14 September 2021

16 September 2021

On the 4th wool auction of the 2021/2022 sale season, the merino wool market indicator increased by 1,3% to close on 16716c 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 22508 (+1,2%) 21 µ 15429 (+0,5%)
19 µ 19101 (+2,6%) 22 µ 14100 (+1,7%)
20 µ 16035 (+2,1%) 23 µ

The key buyers on the sale were: Modiano (768 bales), Tianyu SA Pty (Ltd) (752 bales) Standard Wool (681 bales). Of the 3,581 bales offered 3,489 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. DJJ Van Rensburg RWS Cradock AH MWF4S.RW80 16.7µ 74.6% 42 22700c
2. Narrow Slip Trust RWS Stutterheim BH MWF5E.RW66 16.0µ 73.0% 45 22390c
3. Narrow Slip Trust RWS Stutterheim AH MWF5E.RW74 16.8µ 73.7% 42 21920c
4. Narrow Slip Trust RWS Stutterheim CH   MWF5E.59 15.7µ 71.5% 51 21900c
5. NJ Marx RWS Brandfort AH MWF5S.RW70 16.4µ 70.5% 47 21310c
6. Wellwood Farm CC RWS Graaff-Reinet BFFH MWF4S.RW86 16.8µ 69.9%   45 20980c
7. Ardnamuchan Estates SA Pty Ltd RWS Bedford BH MWF4E.RW72 17.3µ 73.0% 41 20710c
8. Ardnamuchan Estates SA Pty Ltd RWS Bedford CH   MWF4E.63 16.6µ 70.8% 51 20010c
9. AJ Marx RWS Brandfort AH   MWF5S.RW76 16.3µ 67.5% 26 20000c
10. Eulogia Bdy (Edms) Bpk RWS Bethulie CH MWF4S.58 17.2µ 75.0% 49 19440c

The next wool auction, will take place on 15 September 2021.