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Wool Market Report - 17 March 2021

23 March 2021

On the 26th wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 6% to close on 16223c 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 21025 (-5,7%) 21 µ 14917 (-6,3%)
19 µ 18858 (-5,8%) 22 µ 14227 (-2,7%)
20 µ 16376 (-6,6%) 23 µ    

The key buyers on the sale were: Standard Wool (2,233 bales), Tianyu SA Pty (Ltd) (1,880 bales) Lempriere Wool Services SA (1,824 bales). Of the 9,028 bales offered 8,389 bales were declared sold (92%).   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. The PC Marais Sons Fam.Trust   RWS Klipplaat BH MWF4E.71 16.8µ 68.2% 52 17700c  
2. The PC Marais Sons Fam Trust RWS Klipplaat CL MWF4E.70 16.6µ 67.4% 38 17510c  
3. Kanaan Marketing Consultants CC   Glencoe BH MWF5E.75 16.9µ 72.1% 36 17210c  
4. Wanfield Farming (Pty) Ltd RWS Cathcart BH   MWF4S.63 17.1µ 70.0% 40 16910c  
5. D Van Litsenborgh RWS Burgersdorp AMY MF5E.92 17.4µ 72.8% 24 16900c  
6. JG Van Aardt RWS Aliwal-Noord BH MWF4S.77 17.0µ 68.2%   40 16800c  
7. CVG Jacobs   Dewetsdorp BBH MWF4S.74 17.0µ 70.4% 32 16700c  
8. Naude Boerdery   Utrecht BFF   MF5E.79 17.1µ 70.3% 30 16310c  
9. JM Schmidt   Bethulie CMY MF4S.55 16.5µ 67.6% 46 16300c  
10. Kareefontein Bdy RWS Edenburg BFY MF4E.67 17.6µ 70.7% 39 16100c  

The next auction will take place on the 24th of March 2021.