“The rand on the day remained fairly unchanged and was 0.5% weaker at R9,86 against the US dollar, compared with last week’s average rate, and weakened 1.5% against the euro at R13,30.Prices were up across the board with the stronger wools posting the biggest increases.A total of 7 160 bales were on offer, of which 99.5% was sold. Most active traders were Lempriere (1 810), Modiano (1 601), Standard Wool (1 516) and Stucken & Co (1 372).The average clean prices for the different categories good top-making (MF5), long fleeces were as follows: 18,5 microns strengthened by 2% to R117,93/kg, 19 microns rose 1.5% to R117,12/kg, 19,5 microns strengthened by 1.8% to R115,39/kg, 20 microns rose 3.1% to close at R113,49/kg, 20,5 microns were up 3.3% at R112,39/kg, 21 microns rose 3.4% to R112,20/kg, 21,5 microns were 3.4% dearer at R111,69/kg and 22 microns were up 3.2% to close at R111,38/kg.The next sale is scheduled for 2 October where approximately 7 000 bales will be on offer”

Date:10/1/2013

Source:The Express Tribune