Texindex.Com
Home For Buyers For Sellers MY Office News 国内贸易
    Industry News Texindex Press Releases Finance Company News The Largest Textile Market Online  
 
        Texindex.com runs the leading textile and apparel vertical nets , consisting of B2B Marketplace , Directory Search Engine , Career Center , Buyers'Guide , and Weblog in accordance with its 3C approach: Commerce Content Community
Not an Texindex.com memeber yet? Sign In
 
 

WOOL MARKET REMAINS STEADY

2014-1-17

The wool market held up well at the first sale of the New Year and the Cape Wools Merino indicator softened by a marginal 1,4% to close the day at R115,67/kg (clean).

This is a 13,5% increase on the opening sale and is up almost 6,1% on the corresponding sale last year. The local market seemed to follow the international trend as the Australian market also decreased by 1,3%.

The rand at R10,85 traded 5,1% weaker against the dollar compared with last sale of 2013’s average rate. At R14,78 it had lost 4,1% on average against the euro.

The better style wools were much sought after during yesterday’s a uction and traders supported the 20 micron and finer types very well with the average price for good top making t ypes of 18 microns gaining 2,1%.

It was a fairly large offering of 13 146 bales of which 95% was so ld.

Major buyers were Standard Wool (3 716), Lempriere (3 458), Modian o (2 301) and Stucken & Co (1 415).

The average clean prices for the different categories good top -making (MF5), long fleeces were as follows: 18 microns were up by 2,1% to R131,95/kg, 19 microns gained 1,9% to R125,74/k g, 19,5 microns dropped 3,2% to close at R117,21/kg, 20 microns shed 3,4% at R114,50/kg, 20.5 microns were down by 3,8% at R114,16/kg and 21 microns dropped 5,0% to R113,90/kg.

The next sale is scheduled for 22 January where approximately 16 5 00 bales will be on offer.

Source:Cape Wools SA
 
Hot News
Featured Partners
 
Our other sites: Toocle - ChinaChemical - ChemNet - ChinaTexNet - China Apparel - China Medical Device
Texindex  |  Site Map  |  Online Server  |  Offline Server  |  Partners & Links
Terms of Use  |  Privacy Policy  |  Disclaimer  
Copyright © 1999-2021  YesHiTech (Zhejiang) inc. All Rights Reserved 浙B2-20090135-2 浙公网安33010602010414
Contact:succeed@texindex.com Tel:86-571-87671505 Fax:86-571-88228200