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Wool Market Report – 28 September 2021

12 October 2021

On the 6th wool auction of the 2021/2022 sale season, the merino wool market indicator increased with 4,2% to  close on 16919c 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 24901 (+8,1%) 21 µ 15999 (+1,5%)
19 µ 20112 (+2,0%) 22 µ 13993 (+2,8%)
20 µ 16016 (+1,9%) 23 µ

The key buyers on the sale were: Standard Wool (1,193 bales), G Modiano (959 bales) Lempriere Wool Services SA (555 bales). Of the 4,072 bales offered 4,039 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. BM Pringle RWS Adelaide BFFH MWF4S.71 15.9µ 71.0% 44 24110c
2. BM Pringle RWS Adelaide CFFH MWF4S.64 15.7µ 69.9% 47 23800c
3. Wiesdrift Bdy RWS Bredasdorp AM MF3E.86 16.9µ 73.1% 37 22800c
4. BM Pringle RWS Adelaide AFF   MF4S.101 17.2µ 72.3% 36 22360c
5. NE Sauer   RWS Burgersdorp BH MWF4S.83 17.2µ 72.9% 39 22210c
6. BM Pringle RWS Adelaide BKSH MWF5M.66 15.8µ 65.9%   46 21990c
7. BM Pringle   RWS Adelaide TDR MF5S.95 16.4µ 68.2% 21 21750c
8. ZA Walters RWS Graafwater AFY   MF4E.83 17.0µ 67.9% 46 21510c
9. NJ Van Tonder    Dewetsdorp BH   MWF4S.71 16.5µ 73.4% 46 21300c
10. HM Muller RWS Pearston CF MF4E.69 16.4µ 65.6% 40 21190c

The next wool auction, will take place on 29 September 2021.