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Wool Market Report - 2 June 2021

03 June 2021

On the 33rd wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 1,7% to close on 16022c 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 21630 (+3,5%) 21 µ 14564 (+1,3%)
19 µ 18789 (+2,2%) 22 µ 13713 (+0,7%)
20 µ 15501 (+1,0%) 23 µ

  The key buyers on the sale were: Standard Wool (2,484 bales), Lempriere Wool Services SA (2,188 bales)G Modiano (2,027 bales). Of the 9,918 bales offered 9,493 bales were declared sold (95%). 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. EC Hatting     RWS Lady Grey AH MWF4S.100 16.5µ 70.4% 32 20350c
2. EC Hatting     RWS Lady Grey AFH MWF5S.93 16.1µ 69.2% 27 20310c
3. RM Small     RWS Barkly East TDRH MWF5S.82 15.9µ 67.4% 24 20200c
4. RM Small   RWS Barkly East BMH   MWF4S.78 16.1µ 67.9% 31 20110c
5. RM Small   RWS Barkly East NKSH MP5S.83 16.7µ 71.5% 35 19800c
6. Stefan Naude Trust   RWS Hanover DL MLF4S.40 16.4µ 70.7%    19400c
7. Rustfontein De Aar Bdy Bk   RWS De Aar BBH MWF4S.73 16.1µ 64.9% 34 19120c
8. SJ Van Der Walt   RWS Adelaide CL   MWF4S.63 17.0µ 72.4% 52 19100c
9. N Cockcroft   RWS Ermelo DL   MLF5S.40 16.3µ 76.0% 18720c
10. SJ Van Der Walt   RWS Adelaide BH MWF4S.77 17.3µ 73.3% 41 18700c

The next auction will take place on the 9th June 2021.