Due to the fact that Chinese Customs have suspended all greasy wool imports from South Africa as a result of the Foot and Mouth Disease outbreak earlier in the year, it was decided at an Industry meeting on 15 February 2019 to postpone the wool auction scheduled for the 20th of February 2019.
The Industry is still awaiting official notification from China regarding the exact position of China Inspection and Quarantine Bureau with regards to wool imports from South Africa.
All government departments have already been notified about the situation and the impact it will have on the Wool Industry and the farmers and workers alike.
The situation has been escalated to the highest level and is now being dealt with at the appropriate inter-governmental level. The Industry will continue to monitor the situation closely and communicate with all export/import authorities on an ongoing basis.
We are confident that the Wool Industry is receiving the utmost attention and that the situation will be resolved within the shortest possible time in order for the Industry to resume normal trading activities.