The Price Of Wool In South Africa Rose Sharply To The New Height Of The Season.

2010/11/12 13:39:00 74

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At the auction this week,

Wool price

Another steady growth has taken place, and the price of the index has increased by 5.6%, reaching a new high of 68.99 RAND / kg.

This is 19% higher than the price of Kai Pu, up 16% from the same period last season.

The low inventory and supply concerns of wool textile channels are one of the Beihai factors driving price growth.

According to the latest output forecast, world wool supply will remain tight in the 2010-11 season.

In Australia, the wool index increased by 2.5%, reaching a new seasonal height of 1015 Australian cents per kilogram of gross wool.

South Africa

Rand's exchange rate with the US dollar has risen by 0.4%.

The exchange rate with the euro rose by 2.1% to 9.40 euros.

The number of wool sold this week reached 9306 packages, with 99% of the total turnover.

Major

Purchaser

It is Modiano company (3491 bales), standard Wool Company (2781 packs), Lempriere company (1084 packs), Stucken company (983 package).

Wool prices rose worldwide, but the biggest growth came from fine wool, up 8% from 19 microns.

A record price of 87 RAND / kg appears in the sales of 17.4 microns in Perdeberg Boerdery.

The average price trend of MF5 with high quality and high content (less than 1%) is as follows: 19 microns increased by 8.2%, reaching 86.78 RAND / kg; 19.5 microns increased 5.1%, reaching 78.01 RAND / kg; 20 micrometers increased by 4.3%, reaching 72.37 RAND / kg; 20.5 micron increased by 20.5, reaching the RT / kg; the rise of the sink micron reached the level of blue RAND / kg; the rise of the micron was up to 0, reaching the level of the blue and the kilogram; the rise of the micron rose to 0.

At the auction next week, the wool supply is about 12000 bales.