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Latest Wool Trading News - July 2019

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AWI Wool Market Report (28 June 2019)

This week saw the final sales of the 2018/19 season take place and price falls were again the results at Australian wool auctions. The positive signs that emerged at the end of the previous weeks selling had swiftly dissipated by the time it came for sales to commence. The AUD had strengthened against the USD (+1.4%) and CNY (+1.6%) giving cause for our overseas buyers to remain on the side-lines. The current demand ...

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Survey on consumer attitudes in greener credentials

In its latest monthly report AWI examined the value of being green and how the wool industry fits within the global movement of consumers’ apparent movement towards buying products with greater green credentials. With many in the wool supply chain now focussed on issues such as traceability, sustainability, welfare and regenerative farming, many producers are in turn asking, “Given I produce the primary product in th...

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Environmental recognition for Uruguayan topmaker

Environmental recognition for Uruguayan topmaker Lanas Trinidad is the first company in Latin America to be awarded ANDE (Agencia Nacional para el Desarrollo Sostenible – National Agency for Sustainable Development) & PAGE UN (Partnership for Action on Green Economy – a United Nations program) with the Circular Economy Trophy. The ANDE award acknowledges Lanas Trinidad for its improvements featuring 100% reuse of was...

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Strategic priorities for AWI

Australian Wool Innovation’s (AWI) strategic plan for the next three years has been published, with traceability, consultation and measurement and evaluation highlighted as the major investment and operational priorities for the not-for-profit company owned by Australia’s woolgrowers. CEO Stuart McCullough said that in drafting the strategic plan for 2019 through to 2022 AWI had incorporated feedback and input provid...

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Weather Conditions Poor for NZ Wool Colour

High humidity throughout the country has degraded wool colour, which will impact on grower returns. Chief Executive of the New Zealand Wool Testing Authority (NZWTA) Duane Knowles says humidity has been elevated over the past two seasons. “Because wool is a biological product, it will degrade with humidity, turning it from white to yellow, and making it less desirable for dying. This occurs before and after shearing,...

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Heavy sheep slaughter to see flock numbers at a new low

A higher than expected 2018 sheep flock has taken a cut, with sheep slaughter in the first four months of 2019 25 per cent higher than last year. While heavy sheep slaughter could be expected to see flock numbers reduced further since the January projections by Meat and Livestock Australia (MLA), things remain relatively steady in the recently updated projections. In January, MLA estimated that the closing (June 30) ...

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ITMA 2019 sets new record with biggest number of exhibitors

20 June 2019 – Since its launch in 1951, ITMA has enjoyed wide industry recognition as the world’s largest textile and garment technology exhibition. This year’s exhibition in Barcelona sees its reputation solidify further with the largest gathering of exhibitors in its history. The record number of exhibitors totalling 1,717 from 45 countries has set a new milestone.   Speaking at the press conference on the opening...

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Merino garments for challenging conditions of the America’s Cup

In April 2020, Luna Rossa will set sail as part of the America’s Cup World Series, as it vies for the world’s oldest trophy in international sport. The Woolmark Company has worked with Luna Rossa Prada Pirelli to develop high-performance Merino wool garments ideal for the challenging conditions of the America’s Cup. As the official technical partner, The Woolmark Company has supported the Luna Rossa Prada Pirelli pro...

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NZ Strong Wool Showing Positive Signals

Good coloured crossbred wools of all types are meeting with positive demand especially finer adult types, hogget and lambs’ wool. The crossbred wool market for these types seems to have finally bottomed out to usher in a recovery, albeit a slow one, according to Grant Edwards, General Manager PGG Wrightson Wool. Through the coming months the new season’s wool should continue to be well received by buyers. However, a ...

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eBale Trials Commences On Australian Farm

  The Australian Wool Exchange (AWEX) has commenced on farm eBale (unique Bale-ID) trials. Two properties, one in New South Wales and the other in Victoria, were chosen as pilot trial sites.   Each wool pack has a unique identifier (eBale-ID) stored on a combination RFID and QR Code tag placed on the Bale Label.   “The QR code has been chosen for on farm application, as it can be easily read by a smartphone using the...

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Italian Textile Machines at ITMA 2019

ITMA is traditionally the showcase in which the manufacturers of textile machines have the opportunity to display their up-to-date innovations. The presence of the Italian exhibitors at ITMA Barcelona (June 20-26) is remarkable, representing the first country in terms of exhibitor numbers and occupied surface. The Italian exhibitors number around 360 companies, with an occupied exhibition area of 30,000 square meters...

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