Cape Wools SA

The market report

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

The wool market continued its good run and the Cape Wools Merino indicator increased by 4,7% and by 689 points to close at a value of R153,70 (Clean).On the Australian market,the EMI increased 1,1%.The Cape Wools All Wool Indicator also increased by 4,7%.The buyers commented that medium length wool traded at a discount to long wool with the longer and better quality wool receiving a premium.The relatively small auction was well supported by the weakening of the Rand.This week saw the rand at R14,05 to the US dollar.The rand weakened by 4,7% against the US dollar compared with the average rate at the previous sale.

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Cape Wools Merino Indicator
See allNews Room
August 15, 2016 The Statistical Overview of Wool Sold in South Africa The Statistical overview of wool sold in South Africa is now available. Wool fetched an average price of R77.40 which is a 29.13% increase from last season’s average price Read More
August 15, 2016 The Statistical Review of Wool Sold in South Africa Wool Production Statics for 2015/2016 are now available and reveal a slight drop of 0.16% in production. Find the full report here Read More
June 01, 2016 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
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

2016/2017

2015/2016

 

SA

EMI

SA

EMI

First Sale

1

14681

1295

11163

1295

This Sale

2

15370

1309

11332

1309

Prev Sale

1

14681

1295

11163

1295

Low

 

14681

1295

12163

1179

High

 

15370

1309

16306

1300

Ave

 

15026

1302

12867.5

 1 251



SA vs AUSMICRON PRICES

Micron

Sale

This Week (USc)

Previous Week (USc)

 

 

SA

AU

SA

AU

18

1

1113

1178

1152

1133

18.5

1

1144

1111

1161

1143

19

1

1146

1143

1143

1148

19.5

1

1140

1141

1133

1150

20

1

1126

1124

1133

1117

20.5

1

1127

1118

1131

1113

21

1

1101

1113

1126

1088

21.5

1

1124

1117

1126

1128

22

1

1110

1107

1114

1107

EXCHANGE RATES

Item

Sale

R/USD

R/Euro

R/AUD

2016/2017

 

 

 

 

First Sale

1

13.4152

15.1176

10.2675

This Sale

2

14.0492

15.8455

10.6966

Prev Sale

1

13.4152

15.1176

10.2675

2015/2016

 

 

 

 

First Sale

1

12.7958

14.23155

9.35195

This Sale

2

12.8777

14.22746

9.49673

Prev Sale

1

12.7958

14.23155

9.35195

HIGHEST PRICES

Sale

Broker

Producer

Type

Micron

Price

1

BKB

WP VAN AARDT

ML160

16.4

13450

2

CMW

AJ RAUBENHEIMER

ML170

17.7

13300

1

BKB

HENRI MCNAUGHTON & PARTNER

MF260

17.2

13000

2

BKB

WF TERBLANCHE

ML160

17.8

13000

 

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