On the 10th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by 4,7% to close on 17290c 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:

18 µ 19077 (-1,8%) 21 µ 17483 (-2,5%)

19 µ 17828 (-6,2%) 22 µ 16837 (-2,4%)

20 µ 17345 (-4,4%)

 

*Clean wool price
**Price movement
The key buyers from the previous sale were: Standard Wool (3,792 bales), G Modiano (2,880 bales), Tianyu S A Pty (Ltd) (2,515 bales) Of the 12,546 bales offered 11,985 bales were declared sold (95%).
Highest prices achieved on the HOF auction were as follows:

 

TOP 10 BKB PORT ELIZABETH
Name Area Descr.

AWEX

Type

 Mic Clean NKT Price
1. HC Davenport Pearston AH MWF4S.87 17.9µ 67.0% 40 13800c
2. HC Davenport Pearston BBH MWF4S.80 17.7µ 65.5% 29 13580c
3. M Hattingh Tarkastad AF MF4S.87 19.7µ 70.5% 45 13510c
4. HC Davenport Pearston BBMY MF4E.78 18.2µ 67.1% 40 13500c
5. M Hattingh Tarkastad BM MF4E.73 20.4µ 71.9% 55 13500c
6. M Hattingh Tarkastad AM MF4E.96 20.4µ 71.9% 43 13490c
7. HC Davenport Pearston AMY MF4E.87 18.7µ 67.6% 35 13410c
8. M Hattingh Tarkastad BS MF4E.81 21.8µ 71.0% 57 13280c
9. M Hattingh Tarkastad AH MWF5S.83 16.6µ 62.4% 33 13240c
10. HC Davenport Pearston AM MF4S.86 20.2µ 67.9% 45 13190c

 

The next auction will take place on the 14th of November 2019.