Home / Knowledge / News / Textiles / Cape Wools market still strong
Cape Wools market still strong
Nov '11
The wool market largely maintained its price levels at this week's sale and Cape Wools' Merino indicator closed the day down by a marginal 0.6% at R103,39/kg (clean).

Quality wools were keenly sought after and fetched excellent prices while the average to inferior types were discounted.

The rand, at R7,85, had gained some ground against the US dollar, increasing by 1.2% compared with last week's average rate. It was 1.2% stronger against the euro at almost R10,82.

The offering comprised 9 240 bales of which 95% was sold. Major buyers were Modiano SA (2 834 bales), Standard Wool SA (2 652 bales), Stucken & Co (1 682 bales) and Lempriere SA (1 033 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 decreased by 2.5% to R119,93/kg, 19,5 microns were 1.9% cheaper at R116,10/kg, 20 microns dropped by 1.9% to R112,36/kg, 20,5 microns were down 1.5% at R110,59/kg; 21 microns fell by 1% to close at R107,85/kg, 21,5 microns were 1.3% cheaper at R104,70/kg and 22 microns dropped 1.1% to close at R100,91/kg.

Approximately 10 500 bales will come under the hammer at next week's sale.


Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search