On the 6th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 1,3% to close on 16982c 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 18297 (-2,5%) 21 µ 17231 (+1,7%)

19 µ 18164 (+0,1%) 22 µ 17220 (+2,2%)

20 µ 17478 (+0,8%)

 

*Clean wool price
**Price movement
The key buyers from the previous sale were: Lempriere S A (3,686 bales), G Modiano (3,119 bales), Standard Wool (2,871 bales) Of the 12,988 bales offered 12,765 bales were declared sold (98%).
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. Gert Van Aswegen Trust George-Industria CL MWF4E.63 16.6µ 71.9% 52 14200c
2. JL & JD Lategan Bdy Bk Aberdeen CFH MWF4E.63 16.9µ 72.0% 39 14000c
3. Gert Van Aswegen Trust George-Industria BH MWF4E.71 17.3µ 72.7% 48 13920c
4. JL & JD Lategan Bdy Bk Aberdeen BFH MWF4E.71 17.4µ 72.5% 40 13390c
5. JL & JD Lategan Bdy Bk Aberdeen HBKS MWF5M.73 17.3µ 66.1% 36 12800c
6. JL Moolman Middleton AMY MF4E.90 19.6µ 71.4% 46 12780c
7. PF Webber Grahamstown AM MF4N.82 21.6µ 72.9% 53 12700c
8. Elandsdrift Trust Cradock AM MF4S.74 19.2µ 69.1% 38 12640c
9. JL Moolman Middleton BBM MF5E.77 19.5µ 70.4% 43 12540c
10. Van Zyl Bdy Prieska (EDMS) Bpk Beaufort-Wes BH MWF4E.74 18.4µ 67.1% 33 12320c

 

The next auction will take place on the 17th of October 2019.