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Port Elizabeth – A smaller volume of 5 966 bales were on offer on the 31st wool sale of the 2020/21 selling season.

The market delivered mixed results amongst the micron categories, but ultimately closed up 0.9% from the previous sale on R164.14 p/kg.

The offering consisted predominantly of fine micron merino wools, with 14% of the merino wools on offer being certified as sustainable

Although the longer length merino wools achieved good results, a lower overall sales clearance of 91,64% was achieved due to a higher volume of mixed and shorter length wools being passed in. The rand traded slightly weaker against the US$ by 0,56%, with the market gaining 0,29% in US$ terms. The Australian market shed some of its' gains and closed 1,71% (AU$) down from their last sale on Thursday, 29 April. The major buyers on today’s sale were: Modiano SA (1 462), Standard Wool SA (1 313), Lempriere SA (1 026) and Stucken & Co (708). The average clean prices for the selection within the different micron categories for good top-making (MF5), long fleeces were as follows: 18,0 microns increased 0,4% to close at R214,20/kg; 18,5 microns moved 1,6% up to close at R204,58/kg; 19 microns gained 1,0% to close at R191,43/kg; 19,5 microns strengthened by 1,4% to close at R175,98/kg; 20 microns was 1,4% stronger to close at R159,21/kg; 20,5 microns won 0,6% to close at R153,85/kg; 21,0 microns recovered 0,5% to close at R150,89/kg; 21,5 microns tumbled by -0,3% to close at R143,77kg; 22 microns rose 1,2% to close at R141,18/kg and 22,5 microns climbed by 2,0% to close at R132,52/kg. The next auction is scheduled for 19 May 2021 where approximately ± 13 028 bales will be on sale..

Cape Wools Merino Indicator
SA vs AUS INDICATORS

Item

Sale

2020/2021

2019/2020

 

SA

EMI

SA

EMI

First Sale

1

13738

1004

14770

1365

This Sale

31

16414

1319

14436

1114

Prev Sale

30

16274

1342

14250

1110

Low

 

11858

858

14233

1110

High

 

17263

1342

18482

1609

Ave

 

15015

1175

16680

1458

HIGHEST PRICES

Micron

Sale

This Week (USc)

Previous Week (USc)

 

 

SA

AU

SA

AU

18

31

1487

1465

1490

1499

18.5

31

1420

1286

1406

1390

19

31

1329

1230

1323

1251

19.5

31

1221

1126

1212

1149

20

31

1105

1027

1095

1036

20.5

31

1068

0993

1067

0984

21

31

1047

0979

1048

0928

21.5

31

0998

0966

1007

0972

22

31

0980

0882

0973

0961

Highest Prices: Season to Date

Sale

Broker

Producer

Type

Micron

Price

24

BKB

ZUURBRON BOERDEY (PTY) LTD

ML260

15.60

24000

24

CMW

DIE KERNEELS GREYLING TRUST

MF280

15.40

23000

24

CMW

DIE KERNEELS GREYLING TRUST

MF270

15.60

22000

24

CMW

DIE KERNEELS GREYLING TRUST

MA270

16.10

21620

29

BKB

GMC ORPEN

MF260

15.00

21480

24

CMW

DIE KERNEELS GREYLING TRUST

MA365

15.50

21410

24

CMW

DIE KERNEELS GREYLING TRUST

MF265

14.90

21310

24

CMW

DIE KERNEELS GREYLING TRUST

ML380

16.10

21300

24

CMW

IA ISTED

ML370

15.60

21210

24

CMW

BPG LANGFONTEIN

MA270

15.60

21200

 

EXCHANGE RATES

Item

Sale

R/USD

R/Euro

R/AUD

2020/2021

 

 

 

 

First Sale

1

14.8004

16.3545

10.0896

This Sale

31

14.4073

17.2877

11.1161

Prev Sale

30

14.3263

17.2743

11.0783

2019/2020

 

 

 

 

First Sale

1

14.8004

16.3545

10.0896

This Sale

31

17.1876

19.2951

11.8689

Prev Sale

30

17.0281

19.2276

11.5949

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