view all news

Wool Market Report - 27 January 2021

01 February 2021

On the 19th wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 12,1% to close on 16971c 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 22009 (+11,8%) 21 µ 15843 (+13,1%)
19 µ 18873 (+12,2%) 22 µ 14698 (+12,3%)
20 µ 16806 (+14,0%) 23 µ

The key buyers on the sale were: Lempriere Wool Services SA (4,4046 bales), Standard Wool (2,922 bales)G Modiano (2,865 bales). Of the 12,763 bales offered 12,704 bales were declared sold (99%). 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. Uithoek Bdy RWS Dewetsdorp CL MLF5S.40 15.9µ 73.5% 20100c
2. Paardeplaas Bdy (Pty) Ltd   RWS Wakkerstroom BH MWF4E.83 16.3µ 71.1% 44 20000c
3. Aquvadis Bdy (Edms)HJ Kruger RWS Barkly-Oos AH MWF4E.101 17.1µ 75.6% 32 19260c
4. RI Viedge   RWS Barkly East BMH   MWF5S.76 16.2µ 64.3% 33 19100c
5. RI Viedge   RWS Barkly East AMH MWF4S.93 16.4µ 67.2% 35 19060c
6. SD & GP Naude   RWS Rhodes AFFH MWF4S.104 16.6µ 69.0% 30 19030c
7. Paardeplaas Bdy (Pty) Ltd   RWS Wakkerstroom BKSY MF5S.76 16.7µ 71.2% 44 19000c
8. P Groenewald Modderrivier CL MWF4S.68 16.5µ 72.2% 44 18900c
9. HJ Kruger Molteno C MP5S.71 15.8µ 67.1% 40 18780c
10. JS Van Zyl RWS Barkly-Oos AFFH MWF4S.89 16.5µ 68.9% 30 18750c

The next auction will take place on the 3rd of February 2021.