On the 3rd wool auction of the 2020/2021 sale season, the merino wool market indicator decreased by 9,9% to close on 11858c 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

15074 (-6,2%)

21 µ

11810

(-9,1%)

19 µ

12973 (-7,8%)

22 µ

11236

(-10,5%)

20 µ

12106 (-9,2%)

23 µ

 

 

The key buyers from the previous sale were: Standard Wool (2,284 bales), Tianyu S A Pty (Ltd) (1,614 bales), G Modiano (1,412 bales). Of the 9,012 bales offered 8,242 bales were declared sold (91%).

Highest prices achieved on the BKB auction were as follows:

TOP 10 HOUSE OF FIBRE PRODUCERS

Name

Scheme

Area

Descr.

AWEX Type

Mic

Clean

NKT

Price

1. GC Hattingh

 

  Paarl

  BL

MWF4S.67

16.7µ

64.7%

36

11010c

2. GC Hattingh

 

  Paarl

CL

MWF4S.63

16.5µ

64.2%

44

11000c

3. Molteno Farming CC

 

Beaufort-Wes

BMY

MF5E.75

18.3µ

70.5%

26

9650c

4. Molteno Farming CC

 

Beaufort-Wes

AAF

MF4S.101

19.0µ

69.1%

35

9270c

5. Molteno Farming CC

 

Beaufort-Wes

BBMY

MF5S.75

18.4µ

69.2%

22

8900c

6. Molteno Farming CC

 

Beaufort-Wes

AF

MF5S.92

18.7µ

67.4%

25

8640c

7. GC Hattingh

 

Paarl

BM

MF4E.73

19.1µ

63.0%

40

8260c

8. Krantz Plaatz (Edms) Bpk

 

Cradock

BM

MF5S.72

19.7µ

67.9%

40

8160c

9. Molteno Farming CC

 

Beaufort-Wes

AAM

MF4S.103

20.2µ

69.1%

32

7900c

10. Krantz Plaatz (Edms) Bpk

 

Cradock

CM

MF5S.59

18.8µ

62.6%

50

7600c

The next auction will take place on the 9th of September 2020.