The wool market rose sharply at the last sale before the Christmas recess with the Cape Wools Merino Indicator gaining 4,6% on the previous week’s sale to close at R116,58/kg (clean). This also represents a 14.3% increase on the ...
Tags: wool market, Textile
This week’s sale saw prices rising slightly on the back of a weaker rand and the Cape Wools Merino indicator gained 1.3% on last week to close the day at R112.13/kg (clean). The rand has weakened over the last few days, falling to ...
Tags: prices, Cape Wools Merino indicator, SA Wool
The wool market rose sharply at the final sale before the Christmas recess with the Cape Wools Merino indicator reaching an all-time high when it gained 7%on the previous week to close at R109.91/kg(clean). This not only is higher than ...
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
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
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
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
This week's sale saw a sharp increase in prices compared with last week and the Cape Wools Merino indicator gained 8.3% to close at R96.86/kg (clean). This was due to a much weaker rand, an increase in the Australian market and possibly ...
Tags: Wool, long fleeces, Medium wools