view all news

Wool Market Report – 6 October 2021

07 October 2021

On the 8th wool auction of the 2021/2022 sale season, the merino wool market indicator decreased with -2,5% to close on 16340c 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 24860 (+1,8%) 21 µ 16225 (-1,8%)
19 µ 20635 (+0,8%) 22 µ 13941 (-4,5%)
20 µ 16694 (+2,0%) 23 µ

The key buyers on the sale were: G Modiano (1,920 bales), Standard Wool (1,207 bales),  Tianyu S A Pty (Ltd) (1,057 bales). Of the 6,821 bales offered 6,709 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. Kleiheuwel Trust   RWS Bredasdorp BFFY MF4B.76 16.2µ 75.7% 39 24900c
2. Kleiheuwel Trust   RWS Bredasdorp BM MF4B.74 16.5µ 75.5% 40 24700c
3. Kleiheuwel Trust   RWS Bredasdorp AFFY MF4B.85 17.0µ 76.3% 45 24590c
4. Kleiheuwel Trust RWS Bredasdorp CMY   MF4E.65 15.4µ 73.9% 32 24410c
5. Kleiheuwel Trust   RWS Bredasdorp AF MF3B.85 17.2µ 77.7% 40 23700c
6. Bolwana Farming Trust RWS Bolo Reserve CL MWF4E.66 16.7µ 73.9%   53 23510c
7. Bolwana Farming Trust   RWS Bolo Reserve AFY MF5S.90 17.1µ 73.6% 43 23400c
8. R A G D Stretton Farming Pty Ltd RWS Molteno BH   MWF4E.64 16.5µ 76.2% 47 23400c
9. Bolwana Farming Trust RWS Bolo Reserve BL   MWF4S.80 17.1µ 73.0% 47 23300c
10. R A G D Stretton Farmong Pty Ltd RWS Molteno AH MWF4S.85 17.0µ 71.9% 44 23030c

The next wool auction, will take place on 13 October 2021.