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Wool Market Report – 29 September 2021

12 October 2021

On the 7th wool auction of the 2021/2022 sale season, the merino wool market indicator decreased with -1,0% to close on 16757c 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 24412 (-2,0%) 21 µ 16523 (+3,3%)
19 µ 20480 (+1,8%) 22 µ 14600 (+4,3%)
20 µ 16370 (+2,2%) 23 µ

The key buyers on the sale were: Standard Wool (1,150 bales), Tianyu S A Pty (Ltd) (1,145 bales)G Mondiano (994 bales). Of the 5,329 bales offered 5,262 bales were declared sold (97%). 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. Aletmarli Bk RWS Molteno BH MWF4S.75 17.1µ 76.4% 46 23110c
2. WF Terblanche RWS Molteno CL MWF4E.73 16.7µ 72.4% 45 22900c
3. WF Terblanche RWS Molteno BH MWF4E.76 17.0µ 72.9% 55 22410c
4. Jaco Cloete Bdy Bk RWS Steynsburg BH   MWF4S.75 17.0µ 73.0% 34 22260c
5. Jaco Cloete Bdy Bk RWS Steynsburg AH MWF4E.89 17.3µ 74.3% 41 22160c
6. RM Wardle RWS Cathcart AH MWF4S.77 16.9µ 70.3%   53 22010c
7. RM Wardle RWS Cathcart BH MWF4S.81 16.4µ 70.4% 34 21800c
8. GA & J Fourie Bdy Bk RWS Noll BH   MWF5E.81 17.1µ 71.8% 30 21410c
9. Falconridge Farming CC RWS Tarkastad BH   MWF4S.68 17.2µ 72.3% 46 21100c
10. Falconridge Farming CC RWS Tarkastad CH MWF4S.65 16.8µ 69.9% 58 20910c

The next wool auction, will take place on 6 October 2021.