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Wool Market Report - 9 June 2021

11 June 2021

On the 34th wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 1,5% to  close on 16268c 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 22169 (+2,5%) 21 µ 14749 (+1,3%)
19 µ 18972 (+1,0%) 22 µ 13763 (+0,4%)
20 µ 15615 (+0,7%) 23 µ

The key buyers on the sale were: Standard Wool (3,479 bales), Lempriere Wool Services SA (2,696 bales) G Modiano (2,258 bales). Of the 12,099 bales offered 11,606 bales were declared sold (95%).   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. CH Wagenaar   RWS Jamestown CH MWF4E.65 16.4µ 75.2% 51 22000c
2. P & J Le Roux Bdy   RWS Fort Beaufort BH MWF4S.73 16.5µ 72.3% 51 22000c
3. CH Wagenaar   RWS Jamestown BH MWF4S.67 17.3µ 76.9% 51 20430c
4. P & J Le Roux Bdy RWS Fort Beaufort AMY   MF4S.88 17.1µ 73.6% 38 20060c
5. P & J Le Roux Bdy RWS Fort Beaufort AH MWF4S.78 17.0µ 72.1% 40 20030c
6. CH Wagenaar RWS Jamestown YAF MF4S.95 17.3µ 73.2%   33 19450c
7. JC Erasmus Steynsburg CL MWF4S.67 16.1µ 70.2% 38 19400c
8. Klipplaat Trust Graaff-Reinet CL   MWF4S.70 16.6µ 70.8% 56 19280c
9. P & J Le Roux Bdy RWS Fort Beaufort AFY   MF4S.85 17.4µ 72.6% 40 19000c
10. JH Van Wyk RWS Ventersburg CH MWF5E.64 17.4µ 75.2% 47 18810c

  The next wool auction for the new season, will take place on 11 August 2021.