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Wool Market Report - 20 January 2021

22 January 2021

On the 18th wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 0,5% to close on 15145c 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 19679 (+3,0%) 21 µ 14014 (-2,3%)
19 µ 16821 (+0,6%) 22 µ 13091 (-2,1%)
20 µ 14740 (-2,0%) 23 µ    

The key buyers on the sale were: G Modiano (3,876 bales), Lempriere Wool Services SA (3,006 bales) Standard Wool (2,965 bales). Of the 14,072 bales offered 13,848 bales were declared sold (98%).   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. HJ Kruger   Molteno BH MWF4E.78 15.4µ 72.5% 38 21000c
2. HJ Kruger   Molteno CH MWF4E.65 15.2µ 72.0% 32 20600c
3. HJ Kruger   Molteno BBMY MF4E.80 15.9µ 73.1% 32 19510c
4. HJ Kruger   Molteno BBH   MWF4E.85 16.2µ 74.7% 33 19400c
5. PB De Klerk RWS Burgersdorp CFY MF4E.61 16.1µ 69.9% 48 18100c
6. Le Roux Bdy Venootskap   Smithfield CMY MF4E.53 15.7µ 70.9% 41 18100c
7. WRM De Wet   Dordrecht BH MWF5S.73 15.3µ 66.5% 28 17810c
8. EA Roodt RWS Dordrecht CFY   MF4E.63 17.1µ 75.6% 47 17800c
9. De Wet Bdy RWS Aliwal-Noord BH MWF4S.81 16.6µ 71.0% 31 17740c
10. RJ Swart RWS Barkly-Oos BFH MWF4E.92 17.1µ 74.3% 40 17690c

The next auction will take place on the 27th of January 2021