view all news

Wool Market Report - 3 February 2021

07 February 2021

On the 20th wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 4,2% to close on 16254c 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 21442 (-2.6%) 21 µ 14886 (-6.0%)
19 µ 18433 (-2.3%) 22 µ 13608 (-7.4%)
20 µ 15827 (-5.8%) 23 µ 13229 (-4.5%)

The key buyers on the sale were: G Modiano (3,240 bales), Lempriere Wool Services SA (2,647 bales), Standard Wool (2,140 bales). Of the 10,545 bales offered 10,152 bales were declared sold (96%). 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. Eulogia Bdy (Edms) Bpk  RWS Bethulie BMY MF4E.66 16.2µ 71.8% 44 20160c
2. Eulogia Bdy (Edms) Bpk RWS Bethulie CMY MF4S.55 15.5µ 69.6% 37 19500c
3. EE Greeff Bdy Bk Somerset-Oos BH MWF4S.70 16.1µ 69.8% 46 19100c
4. Eulogia Bdy (Edms) Bpk RWS Bethulie BKSY   MF5M.64 16.0µ 69.5% 41 18890c
5. WJJ  Jansen Van Rensburg Wakkerstroom CFFY MF4S.61 16.0µ 68.1% 36 18520c
6. Kleiheuwel Trust RWS Bredasdorp CL MWF4B.64 16.3µ 69.8% 49 18490c
7. WJJ Jansen Van Rensburg Wakkerstroom BFFY MF5S.68 16.3µ 67.6% 43 17900c
8. Varslug Bdy Bk Riviersonderend DL   MLF4E.40 15.8µ 69.3% 17900c
9. Kleiheuwel Trust RWS Bredasdorp BH MWF4B.67 17.0µ 71.7% 44 17800c
10. Eulogia Bdy (Edms) Bpk RWS Bethulie NKSY MP5S.64 16.6µ 69.1% 45 17800c

The next auction will take place on the 10th of February 2021.