Mar '08
The rand continued to be volatile and was 0.5% stronger against the dollar compared with last week's sale, but 1% weaker against the euro at R11.97.
Most long wool categories were slightly cheaper, the worst affected being 20 microns, which dropped by around 2%.
The offering totaled 10 430 bales of which 96% were sold. Major buyers were Standard Wool SA (2 336 bales); Modiano (2 277 bales); Chargeurs Wool (1 456 bales); and Stucken (1 442 bales).
Average price movements for AWEX-type fleeces, MF4 and MF5 of 70 and 80 mm were as follows: 19 microns dropped 1.2% to R86.98/kg; 20 microns were down 2.3% to R75.53/kg; 21 microns were 0.6% cheaper at R70.85/kg; 22 microns were down 0.8% at R69.22/kg; and 23 microns weakened by 09% to R67.73/kg. There were no quotes for 24 and 25 microns in these specific categories.
Sales will resume on 2 April when approximately 15 000 bales will be on offer.
Capewools
Must ReadView All
Textiles | On 23rd Oct 2017
BekaertDeslee to expand North American facility
BekaertDeslee, one of the largest manufacturer of mattress textiles...
Textiles | On 23rd Oct 2017
A&E unveils Magic using Repreve sewing thread
American & Efird (A&E), a leading developer of industrial and...
Textiles | On 23rd Oct 2017
Over 4,000 exhibitors attend Intertextile Shanghai 2017
Another successful Intertextile Shanghai Apparel Fabrics has wrapped...
Interviews View All
Representatives
Textile & apparel industry
GST is a complicated and lengthy process
Nitin Soni
Dolphin Jingwei Machines
Taxation policies need to be made simpler
Pinkesh Jain
Everflow Petrofils Ltd
‘An innovative technology which India needs desperately is the...
Reckon Industries adapts latest systems for manufacturing from designing...
Idealin Fogging Systems has been engaged in designing and manufacturing...
Kusumgar Corporates is a leading manufacturer of technical textiles and...
Marcel Alberts
Eurofibers
Coating at a fibre level is a practice not usually seen in the...
Marten Alkhagen
Swerea IVF AB
Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...
Eric Scholler
Groz-Beckert
The Indian market has huge potential in technical textiles, and by far,...
Igor Chapurin
Chapurin
"Now we can see the Russian trend in international fashion. And Russian...
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 ...
Recommended
news category
Related Categories:
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
Yes No SkipActive Poll
Do you see sustainability as a route to business growth?
YesTotal Votes: 70
Do you think adopting a sustainable approach will be a profitable move for your business?
Yes No SkipActive Poll
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
YesTotal Votes: 70
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
Yes No SkipActive Poll
Do you think adopting a sustainable approach will be a profitable move for your business?
YesTotal Votes: 70
Thanks for your valuable feedback. Claim your free latest sustainability e-book.
Active Poll
Do you want the world to know about your sustainability journey and your business’ environmental footprint?
YesTotal Votes: 70
E-News Insight
Latest News Update in Your Mail Box.
