The wool sale held on 10 December saw firm pricing and good demand on all types other than mule and radnor. The British Wool index gained 1.3% sale on sale to £1.295 a kg clean. The average price for clean rose to £1.29 a kg clean and for greasy to £0.867 a kg.
A total of 1.523 million kg were offered, of which, 1.142 million kg were sold, clocking a clearance rate of 75% as against 65.6% in the previous sale. The clearances by wool type were as follows; fine wool 69%, medium wool 80%, crossbred wool 70%, hill wool 58%, and mountain wool 97%.
Price movements for key wool types were as follows;
Fine: Hogs No1 were 2% cheaper and No2 were 10-15% dearer but on a superior offering compared to previous sale.
Ewes No1 were fully firm while Ewes No2 and with light Grey fully 1% dearer.
All grades of Romney were firm to 5% dearer.
Medium: Hoggs No2 – up to 10% dearer but on a superior offering compared to BW84. Ewes No1 & No2 - fully firm. Discoloured were 10% dearer but on a superior offering while light grey was fully firm.
Mules: Hoggs No1 –were in buyers’ favour and No2 firm to in sellers’ favour. Ewes No1 were firm and No2 firm to in sellers’ favour.
Cott grades were firm to buyers’ favour and light grey firm.
Cheviots: Hoggs No1 remained unsold and No2 were fully firm. Ewes No1 were buyers’ favour and No2 fully firm.
Radnors: Fine Hoggs and Ewes remained unsold while medium No2 were fully 2% cheaper.
All grades of welsh were in sellers’ favour.
Blackface: Fine No1 were in sellers’ favour and No2 1% cheaper. Cotts were upto 1% cheaper.
Swaledale: No1 were 1.5% dearer and No2 fully firm. Grey were upto 7.5% dearer on a small offering.
