Home / Knowledge / News / Textiles / African wool prices slightly dearer
African wool prices slightly dearer
Feb '12
Prices improved slightly at this week's sale on the back of a weaker rand and keen interest from all sectors of the trade. The Cape Wools' Merino indicator gained 0.8% compared with the previous sale a fortnight ago to close at R104,37/kg (clean).

This means the indicator remains firmly above the key R100/kg level and currently is only slightly lower than the seasonal high of R105,15/kg fetched at the first sale in January. This is in contrast with the Australian market where prices declined.

The rand, at R7,69, was 2.5% weaker against the US dollar than the average rate two weeks ago, which supported the market. It had softened by 2.2% against the euro, trading at R10,16.

A total of 10 821 bales was offered of which 95% was sold. Major buyers were Standard Wool SA (2 956 bales), Lempriere SA (2 199 bales), Modiano SA (2 145 bales) and Stucken & Co (1 841 bales).

The finer fleece wools posted lower prices, but quality medium fleeces gained up to 2.5%.

The average clean price for the different categories good top-making (MF5), long fleeces were as follows: 19 microns were down a negligible 0.4% at R117,34/kg, 19,5 microns were 2% cheaper at R113,01/kg, 20 microns softened by 1.6% to R109,42/kg, 20,5 microns were 1% dearer at R107,23/kg; 21 microns gained 1.3% to close at R106,62/kg, and 21,5 microns were up 2.5% at R106,15/kg.

Cape Wools

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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