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Latest Wool Trading News - June 2016

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New Wool Resource Centre launched in Hong Kong

Australian Wool Innovation has launched the Woolmark Wool Resource Centre in Hong Kong. Located in Kowloon Tower Landmark East building, the centre is a global hub for all things wool, providing market intelligence, technical innovations and sourcing information for spinners, kni...

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IWTO Welcomes New Secretary General

IWTO is pleased to announce the appointment of its new Secretary General, Dalena White.   IWTO represents the interests of the wool textile trade at the global level. By facilitating industry strategy and ensuring standards in manufacturing and sustainability. Bringing with her a...

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2016 wool2yarn global magazines – advertising bookings to close in June

2016 wool2yarn global and wool2yarn china magazines will be published in September and companies that wish to participate have until the end of June to book advertising space.   These magazines are published once each year (September) and circulated to wool and textile companies ...

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New president for Interwoollabs

Götz Giebel has been elected president of INTERWOOLLABS, having served some six years as vice prosident. INTERWOOLLABS, International Association of Wool Textile Laboratories is closely linked to IWTO, but operates independently. Its purpose is to develop co-operation between woo...

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AWI Australian Wool Market Commentary (20 May 2016)

Australian wool auction markets traded the week at levels very similar to the quotes established the week before. Only slight variations occurred throughout the entire Merino fleece offering, whilst some larger and more positive moves were seen on cardings and crossbred types. Th...

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New Zealand Wool Market Report (19 May 2016)

A slightly weaker New Zealand dollar and a wider range of better styled wools this week saw the market well supported in some sectors.   Of the 7,000 bales on offer, 76 percent sold with some growers holding out for better levels, particularly in the Lambs Fleece area.   The weig...

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South African Wool Market 6,5% Higher

The wool market traded 6,5% higher this week (29 May) and the Cape Wools Merino Indicator increased by 996 points to close at a value of R163,06 (Clean). On the Australian market, the EMI increased 2,3%. The Cape Wools All Wool Indicator gained 6,5%. At this week’s auction there ...

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China’s economic balancing act

The  latest economic figures for China show the first quarter of the year up 6.7% from a year earlier. But the data does not provide any definitive answers to questions about how China will influence the rest of the world. This article, published by BBC World Service economics co...

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Major players “Live naturally and Choose wool” for Wool Week

Some of Australia’s biggest apparel retailers and sporting heavyweights have joined boutique shops, designers and woolgrowers in celebrating Australia’s natural fibre for Wool Week 2016. With wool highlighted in hundreds of retail outlets across Australia from May 9 – 16, leading...

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New Company Awarded Contract to Organise ITMA 2019

CEMATEX, the European Committee of Textile Machinery Manufacturers, has announced that it has awarded a contract to a new company, ITMA Services, to organise its ITMA 2019 show. ITMA Services NV is headquartered in Brussels and has a subsidiary office, ITMA Services Pte Ltd, in S...

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Japan economy dodges recession

Japanese stocks are rising after data showed the country’s economy dodged a recession and grew by 1.7% in the first three months of the year. The better-than-expected growth rate came after higher government spending helped offset weakness in business investment and exports. Capi...

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Promotion planned to push UK wool demand

In the face of a tough global wool market the British Wool Marketing Board (BWMB) are working hard to maximise producer returns through a range of new marketing initiatives, explained BWMB chairman Ian Buchanan. “It is no secret that wool prices are under pressure this year, resu...

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AWTA Key Test Data Summary for April 2016

The monthly comparisons of Total Lots, Bales and Weight for April 2016 compared with the same period last season are: -1.7%, -2.3% and -1.7% respectively. The progressive comparisons of Total Lots, Bales and Weight for July 2015 – April 2016 compared with the same period last sea...

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US consumer prices rise at fastest pace in three years

US consumer prices rose at their fastest pace in three years in April as energy prices climbed, figures show. The Labor Department’s Consumer Price Index rose 0.4% last month, the biggest one-month increase since February 2013.  A steady build-up in inflation could increase the l...

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Italian Textile machinery Roadshow in Iran

A total of 26 Italian textile machinery manufacturers will be taking part in the forthcoming Roadshow in Iran organized by the Italian Trade Agency and supported by the Ministry of Economic Development. The gradual elimination of international sanctions will allow Italy’s textile...

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Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.

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