The 12th sale of the 2018/19 wool season, held on 22 January, saw an increased level of demand with approximately 80% of the 2 million kg offered being sold. The clearance at the previous sale on 8 January was 63.6%.
Prices for the fine and medium types were generally firm to dearer and other types were firm except for Blackface and Swaledale, which were firm to buyers’ favour.
The British Wool index was flat sale on sale at £1.471 clean. The total weight offered was 1.952m kg, with the total weight sold 1.540m kg, resulting in a clearance of 78.9%. The average clean price was £1.483, and the average greasy price £0.969.
The average prices for key wool types were as follows: Fine: Firm except discoloured hogs which were up to 7% dearer. Medium: Firm except discoloured hogs which were up to 4% dearer. Mule: Firm except hogs which were up to 1.5% dearer. Cheviot: Ewes 1.5% cheaper, hogs 1% dearer. Radnor: Firm. Welsh: Firm. Swaledale: Buyers’ favour. Blackface: Firm to buyers’ favour.
Source: British Wool
