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Wool Market Report - 5 May 2021

06 May 2021

On the 31st wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 0,9% to close on 16414c 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 21420 (+0,4%) 21 µ 15089 (+0,5%)
19 µ 19143 (+1,0%) 22 µ 14118 (+1,2%)
20 µ 15921 (+1,4%) 23 µ    

The key buyers on the sale were: G Modiano (1,258 bales), Standard Wool (1,229 bales) Lempriere Wool Services SA (870 bales). Of the 5,296 bales offered 4,781 bales were declared sold (90%).   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. Rich Brother Farming CC RWS  Luneburg CFL MWF4E.71 17.3µ 78.4% 47 19900c
2. NW Emslie    RWS  Adelaide BH MWF4E.71 16.2µ 69.4% 41 19480c
3. Rich Brother Farming CC RWS  Luneburg BFH MWF4E.82 17.4µ 79.2% 44 19420c
4. Besterskraal Trust    Adelaide CH   MWF4S.56 15.9µ 71.5% 43 19210c
5. Zuurbron Bdy (Pty) Ltd    RWS  Luneburg CL MWF5E.72 17.0µ 75.9% 45 19110c
6. Besterskraal Trust    Adelaide BH MWF4S.86 16.5µ 69.1% 41 19110c
7. Rich Brother Farming CC    RWS  Luneburg HB MP5E.73 17.5µ 81.2% 41 18760c
8. Rich Brother Farming CC RWS  Luneburg CL   MWF5E.68 17.7µ 77.6% 39 18700c
9. Tinka Tawse CC RWS  Murraysburg CH   MWF4S.62 16.9µ 72.0% 53 18500c
10. NW Emslie RWS  Adelaide CH MWF4S.61 17.0µ 72.8% 47 18320c

The next auction will take place on the 19th May 2021.