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Wool prices up 23% year-on-year

───   SABRINA DEAN 15:10 Thu, 27 Oct 2016

Wool prices up 23% year-on-year | News Article
Photo: Sabrina Dean/OFM News

Port Elizabeth - Although wool prices decreased nearly 1% last week, they are still more than 23% higher than at the same time last year.


The latest BKB wool report states that the Cape Wools merino wool market indicator decreased by 0,9% this week to close on just over R150 p/kg clean. 

This is about 23,5% higher than last year. 

The eleventh auction of the 2016/17 season takes place on November 2.

The full BKB report can be downloaded here:

20161027 WolmarkP1016 CW ENG.doc


You can also take a look at the OVK/CMW wool report here:

20161027 CMWWOOLREP_CP10- 16.pdf


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