On the 8th wool auction of the 2019/2020 sale season, the merino wool market indicator increased by 0,5% to close on 16987c 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 18681 (+2,3%) 21 µ 17115 (+0,9%)

19 µ 17945 (+1,6%) 22 µ 16614 (-2,8%)

20 µ 17359 (+0,8%)

 

*Clean wool price
**Price movement
The key buyers from the previous sale were: Lempriere S A (2,853 bales), G Modiano (2,684 bales), Standard Wool (2,362 bales) Of the 10,638 bales offered 10,378 bales were declared sold (97%).
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. G. Snyman Cradock BH MWF5E.84 17.3µ 73.5% 25 14040c
2. JJ Botha Somerset-Oos AF1 MF4S.78 19.5µ 69.8% 44 12500c
3. G. Snyman Cradock AF MF4S.86 19.6µ 70.2% 30 12420c
4. G. Snyman Cradock CL MWF4E.62 17.9µ 70.0% 29 12170c
5. G. Snyman Cradock BBF MF4S.81 18.9µ 68.0% 27 12000c
6. G. Snyman Cradock BM MF5S.72 18.9µ 67.4% 27 11700c
7. G. Snyman Cradock BBM MF4S.80 19.7µ 66.2% 29 11520c
8. G. Snyman Cradock CM MF5S.63 18.8µ 67.5% 39 11320c
9. JJ Botha Somerset-Oos BF1 MF5S.66 20.2µ 67.2% 43 11060c
10. G. Snyman Cradock DDM MF5S.40 17.9µ 63.9%   10930c

 

The next auction will take place on the 31st of October 2019.