The 2021/22 wool selling season continued on 6 October 2021, with the eighth sale of the season taking place. A total of 7 522 bales were on offer. The offering consisted of 74% Merino wools and nearly 60% of the offering tested 20 microns and finer. Certified sustainable wools comprised 37,8% of the Merino wools on offer.
The average market indicator eased slightly from the previous sale, to close at R163,40/kg and overall sales clearance of 94,4% was achieved. The finer microns experienced good competition and ended the day positively. However, the broader micron categories and inferior wools dragged the market into the red, with Responsible Wool Standard (RWS) certified wools attracting good premiums.
With the changes currently being implemented in the calculations of the tables and the premiums between certified and non-certified wools, comparisons are not quoted on all categories. The Australian market closed unchanged (AU$) from their previous sale held on 30 September.
The average clean prices for the selection within the different micron categories for good top-making (MF5), long fleeces were as follows:
- 18 microns increased by 1,8% to close at R248,60/kg.
- 18,5 microns moved 1,1% up to close at R225,59/kg.
- 19 microns gained 0,8% to close at R206,35/kg.
- 19,5 microns strengthened by 1,7% to close at R173,84/kg.
- 20 microns was 2% stronger to close at R166,94/kg.
- 20,5 microns won 1,6% to close at R163,85/kg.
- 21 microns lost 1,8% to close at R162,25/kg.
- 21,5 microns tumbled by 4,5% to close at R148,85kg.
- 22 microns fell 4,5% to close at R139,41/kg.
- 22,5 microns declined by 4,1% to close at R135,91/kg.
The next auction is scheduled for 13 October 2021 where approximately 6 895 bales will be on sale. – Cape Wools Weekly Market Report