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Wool Market Report - 3 March 2021

04 March 2021

On the 24th wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 1,0% to close on 16911c 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 21705 (+1,9%) 21 µ 15599 (+0,2%)
19 µ 19588 (+1,6%) 22 µ 14299 (+1,6%)
20 µ 17078 (+0,7%) 23 µ

The key buyers on the sale were: G Modiano (2,739 bales), Lempriere Wool Services SA (2,649 bales) Standard Wool (2,564 bales). Of the 11,393 bales offered 11,211 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. Zuurbron Bdy (Pty) Ltd    RWS Luneburg CH MWF5S.71 15.6µ 72.0% 43 24000c
2. GH Byers  RWS Dordrecht AH MWF4S.79 16.0µ 69.9% 40 20900c
3. Zuurbron Bdy (Pty) Ltd    RWS Luneburg CFY MF4S.68 16.1µ 72.8% 42 20610c
4. L Groenwald  RWS Riviersonderend BH   MWF4B.79 15.9µ 69.9% 33 20490c
5. GH Byers  RWS Dordrecht BFF MF4E.75 16.5µ 68.3% 49 19700c
6. JIVZ Naude  RWS Richmond CMY MF5S.50 16.1µ 66.7% 19000c
7. JP Snr Le Roux  RWS Carolina CL MWF5E.58 16.3µ 72.4% 43 18800c
8. JP Le Roux  RWS Carolina AAFF   MF4S.92 16.8µ 70.4% 38 18410c
9. GH Byers  RWS Dordrecht AFF MF4E.87 17.0µ 69.6% 40 18400c
10. L Groenewald  RWS Riviersonderend AH MWF4E.97 16.9µ 71.5% 37 18330c

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