Home / Knowledge / News / Textiles / Wool prices slightly firmer
Wool prices slightly firmer
Sep '11
Wool prices were slightly firmer at this week's sale and Cape Wools' Merino indicator gained 0.8% on last week to close at R95,11/kg (clean).

Prices were also firmer in Australia where the market has been slowly moving upwards over the past two weeks after declining at the first few auctions of their selling season.

The rand, at R7,08 was 1.4% weaker against the US dollar compared with the average rate at the previous sale, but was 1.3% stronger against the euro at R9,96.

A total of 7 651 bales was offered of which 98% was sold. Major buyers were Standard Wool SA (3 412 bales), Stucken & Co (1 529 bales), Modiano SA (1 036 bales) and Lempriere SA (895 bales).

The average clean price for the different categories good top-making (MF5), sound, long fleeces (less than 1% seed content) were as follows: 19 microns were unchanged, 19,5 microns were down by a negligible 0.5% to R108,54/kg, 20 microns were up 1.1% at R103,31/kg, 20,5 microns rose 1.7% to R101,22/kg; 21 microns gained 0.5% to close at R99,14/kg, 21,5 microns were 1.7% dearer at R96,83/kg and 22 microns rose 1.4% to close at R95,32/kg.

Approximately 5 000 bales will be offered at next week's sale.

Cape Wools

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search