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Wool sale gains 1% for second consecutive week

A larger volume of 13 299 bales was on offer at this week’s wool sale with the market delivering a good performance...

Wool market trades stronger

The wool market traded stronger this week with a 4,1% increase following the previous sale, to close at R165,76/kg.

Monthly market overview for January 2021

Dr Frikkie Maré, agricultural economist and academic head of the Department of Agricultural Economics at the University of the Free State, gives...

Lower volume and stronger rand lead to decline in wool market

A lower volume of 8 083 bales was on offer at the wool sale, with the market easing by 2% from the...

Wool market sheds gain from previous week

The wool market shed some of its gains from last week and eased by 4,2% to close at R162,54/kg.

Good demand from China drives wool market

The wool market surged upwards by a substantial 12,1% this week to close at R169,71/kg. A total of 13 176 bales were...

Wool market trades slightly lower

The wool market traded slightly lower this week, having to contend with a much stronger SA currency, with the average market indicator...

Wool season of 2020/21 resumes with a large offering

The 2020/21 wool season resumed in Port Elizabeth this week, with a large offering of 11 533 bales. The wool market kicked...

Monthly market overview for November 2020

Dr Frikkie Maré, academic head of the Department of Agricultural Economics at the University of the Free State (UFS), provides a monthly...

Wool market closes higher at last sale of the season

The last wool sale before the Christmas recess took place this week, with a large offering of 13 791 bales. Some 60%...