Home / Knowledge / News / Textiles / Cape Wools Merino indicator marginally rises 0.5%
Cape Wools Merino indicator marginally rises 0.5%
Feb '13
This week’s sale saw prices improving slightly on the previous sale a fortnight ago and the Cape Wools Merino indicator gained 0.5% to close at R113.83/kg (clean).

Traders report reluctance from some clients to buy at current levels, while demand from other areas remains firm.

The rand was fairly unchanged against the US dollar, trading at an average rate of R8.82, which was up a negligible 0.1% on the average rate at the previous sale, while at R11.96; it had gained 1.1% against the euro.

It was a fairly large offering of 12891 bales and a sales percentage of 99% was achieved. 99% was sold.

Major buyers were Modiano SA (3701 bales) and Stucken & Co (2797 bales), Lempriere SA (2778 bales), and Standard Wool (2217 bales).

Most quality fleece wool types were slightly dearer with the average price for good top-making types of 19 microns gaining almost 2%.

The average clean prices for the different categories good top-making (MF5), long fleeces were as follows: 18 microns were down a slight 0.4% at R126.69/kg, 18.5 microns gained 0.5% at R125.17/kg, 19 microns were 1.8% dearer at R123.26/kg, 19.5 microns gained 0.6% to R119.28/kg, 20 microns were up by a marginal 0.2% at R114.73/kg, 20.5 microns rose by 1.7% to R113.51/kg, 21 microns increased by 0.9% to R112.08/kg, 21.5 microns were 0.9% dearer at R111.56/kg, and 22 microns rose 0.5% to close at R111.63/kg. 

Approximately 7500 bales will be on offer at next week’s sale.

Cape Wools

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Igor Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

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

Tony Ward
Tony Ward

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

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