Blog

10 Apr 2024

Wool Auctions Resume

The non-certified indicator eased by 1,2% to close on R147,35 p/kg, whilst the certified indicator closed down by 0,9% on R165,25 p/kg.

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27 Mar 2024

Wool Market Trade Softer

The market followed the downward trend in the Australian market this week and although the market could not return positive results.

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20 Mar 2024

Wool Market Remains Sluggish

Despite the weaker ZAR against the major currencies, the market still experienced downward pressure, following the trend in the Australian market.

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03 Dec 2021

Wool Market Report

The market closed nearly unchanged from the previous sale on R175,36 p/kg, with an overall sales clearance of 97,1 % of the bales actually offered.

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20 Oct 2021

Strong Wool Market

Amidst the pressure of the stronger SA currency of 2,4% against the US$, the market delivered a solid performance, with the average market indicator gaining 2,2% from the previous sale, to close on R166,78 p/kg. The market returned a very positive 4,7% in US$ terms.

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29 Sep 2021

Cape Wools Market Report

The 7th sale of the 2021/22 wool season took place today, with a total offering of 5 843 bales. The average market indicator (which includes RWS accredited wools) eased by 1% from yesterday’s sale, to close on R167,57 p/kg, with an overall sales clearance of 96,1%.

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14 Sep 2021

Wool MArket Report

A small offering of 3 747 bales was available for sale today, with another wool sale scheduled for tomorrow, 15 September.

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02 Sep 2021

Wool Market Looses Ground

After a week’s recess in the 2021/22 wool season, the 3rd sale of the season took place today, with a smaller volume of 7 263 bales on offer.

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02 Jun 2021

Wool Market Closes Positive

The market delivered a very good performance, whilst the SA Rand traded 2% stronger against the US$. The market gained 1,7% from the previous sale to close on R160,22 p/kg and traded a significant 3,8% higher in US$ terms.

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19 May 2021

Wool Market Slumps

After a 1 week recess, a larger offering of 13 459 bales was available for sale in South Africa this week. An amount of 550 bales was withdrawn prior to the sale. The market eased by 4% to close on R157,52 p/kg, with an overall sales clearance of 95,65%.

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05 May 2021

Wool Market Improves

Port Elizabeth – A smaller volume of 5 966 bales were on offer on the 31st wool sale of the 2020/21 selling season. The market delivered mixed results amongst the micron categories, but ultimately closed up 0.9% from the previous sale on R164.14 p/kg.

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28 Apr 2021

Woolmark Strengthens

The wool market continued to strengthen on the 30th sale of the season and gained 3,7% from the previous sale, to close on R162,74 p/kg.

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21 Apr 2021

Wool Market Positive

The market performed well today, closing 0.9% up from the previous sale on R156.96 p/kg, whilst having to contend with a SA currency that was trading 1.6% stronger against the US and the market gaining 2.47% in US$ terms.

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24 Mar 2021

Wool Market Slightly Down

Port Elizabeth – A smaller volume of 6 023 bales were offered on this week’s wool sale, with the market indicator closing slightly down by 0,7% on R161,03 p/kg, with an overall sales clearance of 94.22%.

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11 Mar 2021

Wool Market Report 25

The wool market once again delivered good results this week and closed 2,1% up from the previous week on an average of R172,63 p/kg.

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03 Mar 2021

Wool Market Report 202024

A larger volume of 13 299 bales were on offer on this week’s wool sale, with the market delivering a good performance and gaining 1% from the previous week to close on R169,11 p /kg.

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26 Jun 2020

Preserving our future by protecting wildlife health

Today more than ever, the international health community recognises the importance of maintaining a global perspective and foresight on wildlife health and biodiversity and their inextricable connection with veterinary and human public health.

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24 Mar 2020

Wool Auctions Suspended

SAWAMBA and the brokers met this morning to discuss the implications of the lockdown on the wool industry and it was agreed that, however difficult the decision might be, there is no alternative but to postpone all wool auctions and activities from Thursday.

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19 Mar 2020

VOX and COVID-19

During this period, Vox is encouraging remote-only support to maintain the recommended practice of social distancing. Nevertheless, we do understand that IT infrastructure also resides on-site and may require the presence of a physical resource when remote remediation proves ineffective.

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05 Mar 2020

Wool Market Report for Sale 22

The 22nd sale of the 2019/20 wool season took place today with 12 562 bales on offer of which 95,2% was sold. The wool market closed 3,1% (325 points) down at a value of R179,09 c/kg (Clean). The Australian EMI moved 1,2% down this week.

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05 Mar 2020

Why use Wagesmart

Wagesmart is a self-help tool that is available on the Internet to manage the Labour Law requirements for employers and employees in private households and on farms.

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22 Aug 2018

WOOL MARKET 0,1% LOWER

The wool market maintained most of its' recent impressive gains at the second sale of the new wool selling season with the Cape Wools Merino Indicator decreasing slightly by 0,1% and by 20 points to close at a value of R238,09 (Clean).

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10 Aug 2018

Wool Market at Record High

The wool market traded higher today and the Cape Wools Merino Indicator increased by 2,3% and by 476 points to close at a value of R211,99 (Clean). The Australian EMI increased by 0,4% this week.

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01 Jul 2018

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.

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