Home / Knowledge / News / Textiles / Wool prices slightly softer
Wool prices slightly softer
Oct '10
Wool prices were slightly softer at this week's sale after the steep increase of the past few weeks, and Cape Wool's Merino indicator was down 0.8% compared to last week to close at R62,56/kg (clean). There was keen demand, however, for the finer types on offer and prices for these also increased, while the medium wools were down on last week. In Australia, the market indicator was up 1.3% compared with last Wednesday. The rand, tracking the euro, was 0.8% weaker against the US dollar compared with last week, trading at R6,96. It was also 0.8% weaker against the euro at R9,61.

The offering comprised 8 538 bales of which 96% was sold. Major buyers were Standard Wool SA (3 038 bales), Modiano SA (1 540 bales), Lempriere (1 509 bales), and Stucken (1 333 bales).

Average prices for good top-making (MF5), sound, long fleeces (less than 1% seed content) were as follows: 19 microns rose 1.5% to R74,73/kg; 19,5 microns gained 0.8% to close at R70,04/kg; 20 microns were 1.2% cheaper at R65,48/kg; 20,5 microns dropped by 1.6% to R64,15/kg; 21 microns were down 1.9% to R62,86/kg; 21.5 microns were 1.9% softer at R62,45/kg and 22 microns were 1.2% cheaper at R61,54/kg.

Approximately 10 000 bales will be offered at next week's sale.

Cape Wool

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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