Port Elizabeth – The wool market got off on a good start to the new wool selling season and Cape Wools’ Merino indicator closed the day at R111,63/kg (clean), which is 1,1% down on the closing sale of the previous season. This is an increase of 9,5% on the corresponding sale of the previous season. Similar market conditions prevailed at the Australian market where the indicator dropped with 3,6%.
Traders reported hesitancy among Chinese buyers which resulted in prices easing at this week’s sale. On a positive note, good quality fine wools were keenly sought after due to firm demand from Europe, while high mid-break wools were discounted.
The rand at R10,66 traded 0,8% stronger against the dollar compared with last week’s average rate. At R14,17 it had gained 3,2% on average against the euro. The sale resulted in a 98% clearance of the 13 945 bales on offer.
Most active traders were Standard Wool SA (4 794), Lempriere SA (2 707), G Modiano SA (2 570) and Stucken & Co (1 872.
The average clean prices for the selection within the different categories good top-making (MF5), long fleeces were as follows: 18 microns were up by 1,2% to close at R120,91/kg, 18,5 microns remained unchanged at R119,41/kg, 19 microns shed 0,2% to close at R117,91/kg, 19,5 microns dropped by 2,0% to close at R114,81/kg, 20 microns lost 1,6% to close at R112,08/kg, 20,5 microns decreased with 2,7% to close at R110,93/kg, 21 microns shed 3,0% to close at R110,26/kg, 21,5 microns decreased with 3,1% to close at R109,70/kg and 22 microns lost 3,8 % to close at R108,95/kg.
The next sale is scheduled for 3 September.
Report from Ria van Rooyen,
Wool Appraiser
Port Elizabeth – Die wolmark het op die eerste veiling van die nuwe seisoen goed vertoon en die Cape Wool Merino-aanwyser het met
1,1% teruggesak tot R111,63/kg (skoon) teenoor die laaste veiling van die vorige seisoen. Dit is steeds 9,5% hoër teenoor die ooreenstemmende verkope van die vorige seisoen. ʼn Soortgelyke tendens het op die Australiese mark geheers waar die aanwyser met 3,6% gedaal het.
Kopers het melding gemaak van ‘n onbeslistheid onder Chinese kliënte wat aanleiding gegee het tot swak vraag uit China. Op ‘n positiewe noot was daar stewige kompetisie vir goeie gehalte fynwol te danke aan goeie vraag uit Europa, terwyl middelbreuk-wol teen laer pryse verhandel het.
Die rand was gemiddeld R10,66 teenoor die Amerikaanse dollar, 0,8% sterker teenoor die gemiddelde koers van verlede week. ‘n Totaal van 13 945 bale is aangebied waarvan 98% verkoop is. Die grootste kopers op die veiling was Standard Wool SA (4 794), Lempriere SA (2 707), G Modiano SA (2 570) en Stucken & Co (1 872).
Die gemiddelde skoonwolpryse vir die seleksie binne die verskillende kategorieë goeie, lang kamwoltipes (MF5) was soos volg: 18 mikron styg met 1,2% tot R120,91/kg, 19 mikron verswak met 0,2% tot R117,91/kg, 20 mikron daal met 1,6% en sluit op R112,08/kg, 21 mikron verswak met 3,0% en sluit op R110,26/kg en 22 mikron daal met 3,8% tot R108,95/kg.
Die volgende veiling is geskeduleer vir 3 September.
Verskaf deur Ria van Rooyen.
Wolwaardeerder
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