n Wolboer / Wool Farmer - Season closes with strong demand - market preview and outlook

Volume 4, Issue 3
  • ISSN : 2307-0226


The 2015/16 season closed, as expected, with strong demand for medium-length wool and excellent competition for longer and better quality wools. The wool market traded 5,4% lower at the last auction of the season and the Cape Wools Merino Indicator decreased by 875 points to close at a value of R152,06 (clean). On the Australian market, the EMI decreased by 1,7%. The Cape Wools All Wool Indicator lost 5,4% of its value.

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