Home / Knowledge / News / Textiles / Cape Wools market unchanged; fleece wools in keen demand
Cape Wools market unchanged; fleece wools in keen demand
Apr '12
The wool market was relatively unchanged at this week's auction and the Cape Wools Merino indicator closed at R99.06/kg (clean), which was a marginal 5c/kg down on last week.

Long, well prepared fleece wools were in keen demand and fetched good prices, with some types closing at higher levels than last week. A fairly large percentage of the offering comprised short wool, for which there was limited demand.

The rand, at R7.72, had gained 0.7% against the US dollar compared with the average rate at the previous sale, while it was a marginal 0.1% down against the euro at R10.19.

This week's offering comprised 6 796 bales of which 97% was cleared. Major buyers were Standard Wool SA (1 036 bales), Modiano SA (1 573 bales) and Lempriere SA (1 351 bales).

The average clean prices for the different categories good top-making (MF5), long fleeces were as follows: 18 microns were a marginal 0.1% down at R114.10/kg, 18.5 microns gained 0.6% to R113.83/kg, 19 microns were 2.4% dearer at R113.79/kg, 19.5 microns were up 0.2% to R108,80/kg, 20 microns rose 1.7% to close at R107,03/kg, 20.5 microns were up 0.2% at R105,70/kg and 21 microns gained by 0.6% to close at R104,80/kg and 21.5 microns were unchanged at R102.97/kg. There were no quotes for 22 microns.

No sale has been scheduled for next week. Sales will resume on 9 May.

Cape Wools

Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Poojaa Kumar Deepak

Zeven's performance sports apparel is designed for the Indian body type,...

Mark Paterson
Technical Absorbents Ltd

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

Johan Berlin
InvestKonsult Sweden AB

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

Marten Alkhagen
Swerea IVF AB

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
June 2017

June 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