Two new faces to the board of Australian Wool Innovation
Wool growers have elected two new faces to the board of Australian Wool Innovation. (AWI) Wool tester Paul Cocking from the Riverina in NSW and large South Australian wool grower James Morgan were...
View ArticleChina cotton reserves to go on sale
China, which has about half the world’s cotton, will start sales from its reserves, the China National Cotton Exchange has said. The aim is to increase the supply to China’s domestic textile market....
View ArticleSouth African wool prices under pressure (28 November 2013)
The wool market came under pressure at last week’s sale with the Cape Wool’s Merino Indicator shedding 3,1% on last week to close the day at R111,48/kg (clean). This is 9,3% higher compared to the...
View ArticleNew Zealand Wool Market Report (Thursday 28 November)
The relatively inflated wool values corrected today as clients stand out of the market due to lack of orders at the recent price levels. Bales on offer 8,028, bales Sold 6,391 (80%). The currency...
View ArticleBWMB final wool sale (30 October 2013)
The eighth British Wool Sale of the 2013/14 Season was held by the British Wool Marketing Board at Wool House and offered 1,574,393 kgs. There was strong demand once again at sale resulting in a 98%...
View ArticleAustralian Wool Market Review – 29 November 2013
Australian wool auctions seem to have now broken the oscillating trend of the past year, with another week of strong progressive gains. Wool prices have seemingly settled into more economically charted...
View ArticleResilience shown by Luxury and designer clothing brands
AWI Market Intelligence has highlighted the enduring strength and resilience of the luxury product market through the Global Financial Crisis and its on-going aftermath. With this in mind, the November...
View ArticleWool – are environmental concerns important for consumers?
The November edition of AWI Market Intelligent report focuses on consumer perceptions of the environmental sustainability of wool production. AWI sees this as an important perspective, since so often...
View ArticleThe year that has been…..
Another year is coming to an end. It has been a good year for some but not so good for others. The global economy is just as dysfunctional now as it was before the GFC – the US continues its easy money...
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This is the last issue of woolnews for 2013. We wish you a happy and safe festive season and look forward to bringing you news again in 2014. Please watch out for our new look woolnews in the New Year.
View ArticleIWTO – News
On 25-26 November 2013, IWTO successfully concluded its Wool Round Table in Guangzhou, China. A total of 25 International and 40 Chinese delegates attended the two day event. Discussions included •...
View ArticleNew Wool Sampling Agent in Middle Eastern Europe
WoolSamplingHungary is offering wool sampling services for Middle Eastern Europe from its base in Hungary. ‘We take representative core samples from wool shipments in Middle East European Countries for...
View ArticleH. Dawson Wool Announces Re-Opening of Key Australian Operation
International wool specialist H. Dawson Wool has announced the re-opening of its Australian offices, in direct response to growing demand across the globe for the country’s wool products. The business...
View ArticleChina aiming to restructure its growth – a mammoth challenge
China exceeded its 2013 growth target of 7.5% as figures showed GDP expansion of 7.7%. Yet stocks across Asia fell and analysts are gloomy, estimating that this coming year will see the slowest growth...
View ArticleMELBOURNE WOOL MARKET REPORT (30 January 2014)
Merino fleece compared to last weeks’ close, with a large selection of very stylish Tasmanian wool on offer, saw 16.5 mic and finer sell 30 ac dearer,17.0 mic sell 25 ac dearer, 17,5 mic to 18.5 mic...
View ArticleSouth Africa – Wool Market Reaches New High (29 January2014)
Good demand and a weak currency pushed wool prices to a fresh high and the Cape Wools Merino indicator gained 1,6% to close at R120,18/kg (clean) surpassing all previous record prices. This is a...
View ArticleNew Zealand Wool Market Report (30 January 2014)
This week’s combined offering of 16,800 bales saw a firm to slightly cheaper market despite an easier New Zealand dollar. The clearance rate of 78 percent also reflects the higher volumes of average...
View ArticleAussie wool market expected to improve
The National Australia Bank is forecasting a 5 per cent rise in the eastern market indicator for the 2013-14 period. The bank’s latest outlook for wool is based on the market’s strong performance late...
View ArticleAustralian wool production slight easing in 2013/14
The Australian Wool Production Forecasting Committee’s third forecast for 2013/14 production has confirmed the slight easing of shorn wool production to 345 mkg, down 2.0% from 2012/13 levels. This...
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Welcome to the first issue of woolnews in 2014. We wish all our readers a Happy 2014 and a Happy and Prosperous New Year to our readers in China. We look forward to bringing you the latest industry...
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