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Wool Market Report - 18 August 2021

20 August 2021

On the 2nd wool auction of the 2021/2022 sale season, the merino wool market indicator increased by 0,9% to close on 16764c 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 23065 (-0,5%) 21 µ 15211 (+0,8%)
19 µ 19517 (-1,4%) 22 µ 14075 (+1,8%)
20 µ 15883 (+0,2%) 23 µ

The key buyers on the sale were: Standard Wool (1,601 bales), G Modiano (1,451 bales) Stucken (924 bales). Of the 6,984 bales offered 6,215 bales were declared sold (88%).   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. CW Hardie     RWS Barkly-Oos AFFH MWF5S.89 16.2µ 73.0% 21 22000c
2. AC Lombard en Seun (Pty) Ltd     RWS Adelaide CFY MF4E.64 16.7µ 75.3% 50 21500c
3. ASC Marais     RWS Steynsburg BH MWF4S.70 17.0µ 75.9% 46 21400c
4. AC Lombard en Seun (Pty) Ltd   RWS Adelaide BF   MF3E.82 17.3µ 76.8% 49 21120c
5. CJ Carroll   RWS Dewetsdorp DDL MWF4E.50 17.3µ 78.6% 20710c
6. Vaalkop Bdy (Edms) Bpk   RWS Swellendam CL MWF4S.64 16.8µ 73.8%   41 20410c
7. Tasowize (Pty) Ltd   RWS Middelburg BFH MWF4S.72 16.7µ 69.9% 45 20370c
8. AC Lombard en Seun (Pty) Ltd   RWS Adelaide BFY   MF4E.76 17.8µ 77.2% 49 20110c
9. Witklip Malanskraal Bdy   RWS Bredasdorp CH   MWF4S.80 17.4µ 74.1% 42 19760c
10. ASC Marais   RWS Steynsburg AH MWF4S.77 17.7µ 76.7% 43 19710c

The next wool auction, will take place on 1 September 2021.