The upward trend in wool prices continued at this week's sale and the Cape Wools indicator gained another 3.2% to close at R104.43/kg (clean). This is a 19.5% increase on the opening sale. The increase was prompted by good demand ...
Tags: wool market, wool industry, wool prices, fine wools
The winner of the second annual Woolmark Texprint Award in support of Campaign for Wool was chosen at Indigo, Paris. Sophie Manners wins the prize for her superb textile designs which were created with 60% or more Merino wool. The prize ...
Tags: Woolmark Texprint Award, merino wool, wool market, wool industry
The wool market held on to last week’s gains and the Cape Wools merino indicator closed the day up a marginal 0.3% at R88,82/kg (clean). Although traders say trading conditions remain tough, there was solid demand from the ...
Tags: Cape Wools, wool market, wool industry
New Zealand Wool Services International Ltd reported that the 7,174 bales of North Island wool on offer this week saw an 89.5 percent clearance with the fine end easing off last weeks’ relatively extreme level and the coarse types ...
Tags: Wool Services, Wool sale, wool market, wool industry
Australian Wool Industries Secretariat Inc (AWIS) reported that the AWEX Regional Indicators finished 1.1% lower, on average, at sales in Sydney, Melbourne and Fremantle this week. The US exchange rate fell by 0.8%, taking the change in ...
Tags: wool market, wool industry, exchange rate
The market was slightly weaker at this week’s sale as demand conditions remain tough and the Cape Wools Merino indicator shed 0.8% compared with last week to close at R88.09/kg (clean). This is in line with the ...
Tags: Wool Prices, Wool market, Wool industry
New Zealand Wool Services International Ltd reported that increased activity from China and India helped lift some wool sector prices significantly for the 11,700 bales on offer this week.There was an 88 percent clearance. The weighted ...
Tags: wool Services, wool prices, wool market, wool industry
The wool market was softer at this week sale with the Cape Wools Merino indicator shedding 1.6% to close the day at R98.73/kg (clean). This is still 13% up on the opening sale but slightly lower than at the same sale last season. The ...
Tags: Cape Wools Merino, wool, wool indicator, Wool Prices
The British Wool Marketing Board (BWMB) will use this month's Royal Welsh Winter Fair, Builth Wells, on 26 and 27 November to highlight the significant marketing benefits farmers can gain from selling their wool through the BWMB. Visitors ...
Tags: BWMB, wool, wool marketing
After a five-week rally, which saw the Cape Wools Merino indicator gaining 17%, wool prices softened at this week's sale with the indicator shedding 3.9% to close at R100.29/kg (clean). There were concerns that the huge hike in prices ...
Tags: Wool, wool prices, medium wools, Merino Wool
After a tumultuous few months the wool market is returning to stability with prices on the rise again at the last two British Wool Marketing Board (BWMB) auction sales of British wool. Speaking at last week's BWMB annual conference in ...
Tags: wool market, BWMB, wool, textile
A weaker rand supported the market at this week's sale and the Cape Wool Merino indicator gained 1.5% to close at R89.44/kg (clean) - its highest level for the season. The market is performing reasonably well despite the current difficult ...
Tags: Cape Wool Merino, difficult business, Wool Market, Africa