This sale was marked by good demand and keen competition from the various sectors of the trade, which supported the firm price level.
Traders commented that the weakening rand helped soften the prices and reflected the Australian market conditions. The rand was 3.4% weaker against the US dollar compared with the average rate at the previous sale, while it dropped 5.9% against the euro.
It was a large sale with 15 607 bales on offer of which 98% was sold.
Major buyers were Standard Wool (4 761), Lempriere (3 422), Modiano (3 041), Stucken & Co (1 615) and Segard Masurel (1 074).
The average clean prices for the different categories good top-making (MF5), long fleeces were as follows: 18 microns were down 5.7% to R113,19/kg, 18,5 microns shed 5.6% to 110,41/kg, 19 microns dropped 7.3% to R107,98/kg, 19,5 microns dropped 7.8% to 104,96/kg, 20 microns shed 7.9% to close at R102,85/kg, 20,5 microns were down 8.2% at R102,32/kg, 21 microns dropped 7.9% to R101,89/kg and 21,5 microns were 8.1% cheaper at R101,70/.
The next auction is scheduled for 4 September 2013 where approximately 9 000 bales will be offered.
| On 17th Jan 2022
The GDP of China was 114,367 billion yuan in 2021, an increase of 8.1 ...
The imports and exports of textiles between the EU and UK have...
Canada and Vietnam recently signed a memorandum of understanding...
Instagram & fashion will go a long way together
Global supply chain collapsed during the pandemic
India-EU FTA will provide EU with better access to a huge & rapidly...
Yawer Ali Shah
Synthetic colours and dyes were all the rage till the very first ban on...
EptaInks is the screen-printing division of Eptanova, a company that...
Headquartered in Apt, South of France, Delta Plus designs, manufactures...
INDA, a global association of the nonwoven fabrics industry, has been...
<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...
Dieffenbacher India Pvt Ltd
Germany-based Dieffenbacher Group is a producer of high-quality composites ...
Label Manish Malhotra
A multitalented designer and founder of an eponymous label, Manish...
Label - Bani Pasricha
An Indian fashion-designer and a recipient of one of the most prestigious...
Label Gavin Miguel
Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.