Cape Wools SA
Cape Wools SA

The market report

Reports on the past week's wool sales held in Port Elizabeth, South Africa:

Port Elizabeth–The wool market traded 6,5% higher this week and the Cape Wools Merino Indicator increased by 996 points to close at a value of R163,06 (Clean).On the Australian market,the EMI increased 2,3%.The Cape Wools All Wool Indicator gained 6,5%.At this week’s auction there was good quality woolon offer, with the majority of wool again between 40-55mm in length.Buyers commented that there was extreme competition for the longer and better quality wools.There are two auctions left for this season.This week saw the rand at R15,77 to the US dollar.The rand weakened by 6,9% against the US dollar compared with the average rate at the previous sale.The Rand weakened 4,8% against the Euro,trading at R17,77.

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Cape Wools Merino Indicator
See allNews Room
March 14, 2016 Wool Week Port Elizabeth 2016 Cape Wools SA will be celebrating wool and the unique uses of wool through an exhibition in Walmer Park Shopping Centre and through various activities at the Wool Hub Read More
November 18, 2015 SA Non-Mulesed Certificate Initiative To ensure the integrity of South Africa's non-mulesed declaration Cape Wools has developed further refinements to its non-mulesed certificate. This will increase the reliance placed on this document as there is now further proof of its authenticity on each document. Read More
July 29, 2015 Wool sale dates 2016 The wool sales dates for 2016 have been finalised Read More
April 29, 2015 South Africa knits thousands of blankets for Madiba The gardens of the Union Buildings in Pretoria were covered with thousands of handmade blankets on Tuesday as part of a Guinness World Record attempt by 67 Blankets for Nelson Mandela Day. Read More
STATISTICS AND REPORTS
Market Reports Reports on the weekly wool sales held in Port Elizabeth, South Africa.
Accumulative Results Accumulative auction results.
Monthly Overview This report highlights monthly changes in the South African wool Industry.
The Story of Wool

South Africa is a vast and beautiful country with a rich history of sheep and wool farming. This long history has established woolgrowers who have a keen appreciation of how to care for their animals and the environment. As a result, the industry consistently generates a high quality, environmentally sound product for international markets.

The first Merino sheep arrived at the Cape in 1789, and the sheep and wool industry on a commercial basis was soon established. During the whole of its colonial period, the Cape province remained the most important wool producing area in Southern Africa and although the sheep industry subsequently spread rapidly throughout virtually the whole of the country, 'Cape Wool' has become the international generic trade term for all wool produced on the sub-continent.

Tel: +27 (0)41 4844301

SA vs AUSINDICATORS

Item

Sale

2015/2016

2014/2015

 

SA

EMI

SA

EMI

First Sale

1

12922

1300

11163

1001

This Sale

32

16306

1289

14000

1340

Prev Sale

31

15310

1260

13377

1276

Low

 

12163

1179

11163

1001

High

 

16306

1300

11700

1367

Ave

 

14183

1250

 11 450

 1 058



SA vs AUSMICRON PRICES

Micron

Sale

This Week (USc)

Previous Week (USc)

 

 

SA

AU

SA

AU

18

32

1123

1117

1107

1131

18.5

32

1102

1113

1145

1121

19

32

1092

1158

1086

1092

19.5

32

1001

1057

1041

1089

20

32

0994

1040

1024

1008

20.5

32

0989

1064

1021

0994

21

32

0967

1022

1003

0996

21.5

32

0994

1040

0998

1008

22

32

0980

0979

0992

0953

 

EXCHANGE RATES

Item

Sale

R/USD

R/Euro

R/AUD

2015/2016

 

 

 

 

First Sale

1

12.7958

14.2316

9.3520

This Sale

32

15.7702

17.7732

11.4691

Prev Sale

31

14.7561

16.9554

11.0443

2014/2015

 

 

 

 

First Sale

1

10.6626

14.0553

9.969

This Sale

32

12.0708

13.1398

9.6006

Prev Sale

31

11.9416

13.45715

9.4695

HIGHEST PRICES
             
Sale Broker Producer Type Micron Price  
32 CMW AJ MCKAY ML165 17.4 14150  
18 BKB GELDIAAN TRUST MF160 18.6 14100  
20 BKB J WHIPP ML170 16.3 13820  
25 BKB CP NEETHLING ML270 17.5 13710  
             

 

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