On the 7th wool auction of the 2019/2020 sale season, the merino wool market indicator decreased by 0,4% to close on 16907c 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 18254 (-0,2%) 21 µ 16960 (+1,7%)

19 µ 17657 (-2,8%) 22 µ 17084 (+2,2%)

20 µ 17221 (-1,5%)

 

*Clean wool price
**Price movement
The key buyers from the previous sale were: Lempriere S A (3,360 bales), Standard Wool (3,233 bales), G Modiano (2,717 bales) Of the 11,867 bales offered 11,691 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. JL De Klerk Cradock AFH MWF4E.94 1 16.8µ 69.0% 31 13900c
2. Wolwas Trust Beaufort-Wes BBMY MF4E.85 18.1µ 71.2% 38 13810c
3. Wolwas Trust Beaufort-Wes BMH MWF4E.82 18.3µ 70.6% 37 13690c
4. Wolwas Trust Beaufort-Wes AMY MF4E.92 18.6µ 71.7% 38 13660c
5. JL De Klerk Cradock AAH MWF4S.105 17.1µ 68.4% 41 13110c
6. Wolwas Trust Beaufort-Wes CMY MF4E.73 18.2µ 67.8% 46 13110c
7. DJ Schoeman Somerset-Oos AM MF4E.96 18.4µ 72.5% 39 13070c
8. DJ Schoeman Somerset-Oos BH MWF4S.81 18.3µ 71.9% 53 13020c
9. Wolwas Trust Beaufort-Wes BMY1 MF4E.81 19.4µ 69.8% 37 13000c
10. SW Malan Adelaide AH MWF4E.77 17.3µ 68.6% 38 12970c

 

The next auction will take place on the 24th of October 2019