Home / Knowledge / News / Textiles / South African wool production likely to go up in 2013
South African wool production likely to go up in 2013
Jan '13
Wool production in South Africa is likely to increase in 2013, as the industry has recovered from the effects of Rift Valley Fever, the Business Daily live reported.
South Africa’s wool production declined to 44.8 million kg in 2011-12 season from 48.2 million kg registered in 2009-10 season, following the outbreak of Rift Valley Fever.
However, no new cases of the sheep disease were reported last year, according to Cape Wools SA chairman Geoff Kingwill.
According to Cape Wools, the quantity of wool received by traders during the latter half of 2012 increased by 4.5 percent year-on-year.
The first wool auction in 2013 would take place on January 9, when nearly 15,400 bales are likely to be put up for sale in Port Elizabeth.
Prior to Christmas break, the Cape Wools market indicator rose by 25.8 percent than the opening sale in mid-August last year to R109.91/kg for clean bales.
The rise in wool prices was owing to strong demand from China, which bought 48 percent of all South African wool last year.
Cape Wools projects 2013 to be a better year for South African wool prices and demand, based on signals of improvement in the Chinese economy.
The fear of fiscal crisis in the US has subsided to a great extent, and this would also brighten up prospects for South African wool, according to the organization.
Last season, all the 289,689 bales of wool offered at auction were sold for R2.27 billion, up 36 percent compared to the previous season.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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


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