On the 10th wool auction of the 2020/2021 sale season, the merino wool market indicator increased by 1,7% to close on 14882c 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

18581 (+2,9%)

21 µ

13765

(+0,8%)

19 µ

16163 (+0,9%)

22 µ

13530

(+0,1%)

20 µ

14492 (+1,1%)

23 µ

 

 

The key buyers from the previous sale were: G Modiano (1,887 bales), Standard Wool (1,259 bales),Tianyu S A Pty (Ltd) (906 bales). Of the 6,300 bales offered 6,021 bales were declared sold (95%).

 

Highest prices achieved on the auction were as follows:

TOP 5 HOF PRODUCERS

Name

Scheme

Area

Descr.

AWEX Type

Mic

Clean

NKT

Price

1. Micdan Farming (Pty) Ltd

RWS

  Stutterheim

  AF

MF4S.94

 18.5µ

69.3%

30

13180c

2. Micdan Farming (Pty) Ltd

  RWS

  Stutterheim

AM

MF5S.94

 19.3µ

69.6%

27

11690c

3. AD Davies

 

Adelaide

HC

MP6S.72

 17.7µ

62.7%

44

11500c

4. Micdan Farming (Pty) Ltd

RWS

Stutterheim

BM

  MF5S.80

 18.6µ

65.5%

22

10900c

5. Micdan Farming (Pty) Ltd

RWS

Stutterheim

BKS

MF5M.81

 18.8µ

66.0%

30

10900c

The next auction will take place on the 28th of October 2020.