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The Wool Market Rose Sharply with The Cape Wools Merino Indicator Gaining 4.6% This Week

Dec 9, 2013

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

SA Wool Prices Were Pushed by Weak Rand

Mar 8, 2013

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 Reaching an All-Time High in South African

Dec 6, 2012

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 ...

Tags: wool, prices, Christmas

Wool Prices Rose Sharply for a Second Week

Dec 4, 2012

Cape Wools reported that wool prices rose sharply for a second week in a row with the market indicator gaining 4.5% at this week’s sale to close at R101.19/kg (clean). This is up almost 15% on the opening level and represents an ...

Tags: wool prices, wool market, wool industry, wool

The Upward Trend in Wool Prices Continued at This Week's Sale

Dec 3, 2012

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

Cape Wools Merino Indicator Closed The Day up a Marginal 0.3% at R88,82/Kg (Clean)

Nov 30, 2012

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

Nov 30, 2012

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

Wool Prices Were Still 13% up on The Opening Sale

Nov 16, 2012

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

Cape Wools Merino Indicator Is up to 17%

Nov 8, 2012

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

Weaker Rand Would Increase in The Australian Market

Oct 11, 2012

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

Wool Market Is Boosted by Weaker Rand in Africa

Oct 4, 2012

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

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