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Latest Wool Trading News - February 2016

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Dear Reader, welcome to our first issue of woolnews for 2016. We wish you a happy New Year and look forward to bringing you the latest industry news throughout the coming year. The Editor

Australian wool clip changes in micron and quantity

Australian Wool Innovation (AWI) published a report last month on the rapid evolution of the profile of the Australian wool clip since 2001/02, showing the changes in micron and quantity. According to this report in 2001/02 the Australian wool clip was about 580,000 million kilog...

Australian Wool Report (22 January)

The positive mood, amid the general global financial woes, continued last week at Australian Wool auction sales. The wool market seems to have a habit of resisting the trajectory and severity of reactions of the major traded financial and commodity products. Whilst exporters appr...

NZ wool prices rise (January 22)

New Zealand wool prices rose at auction last week, with lamb wool matching its all-time high, as a lower currency and diminishing supplies underpin demand. Lamb wool climbed to $7.50 per kilogram at yesterday’s North Island auction, up from $7.30/kg the previous week and matching...

Südwolle Group – Expands with Naturetexx® Plasma-wool treatment

Südwolle Group, one of the world’s largest spinner of pure wool and wool blend worsted yarns for weaving, circular and flat knitting, has expanded it’s offering by launching a new technology[AH1]  for treating wool fibers.   The Naturetexx® Plasma-wool treatment is an environment...

NATO uniform to include socks from NZ merino

Craig Smith with new wool sock brand. Military troops have voted with their feet after signing a new deal with a US company producing merino socks from fine wool supplied by NZ South Island farmers. Colorado based Point6 has negotiated the sock deal, expected to double its merino...

HDWool® Garment Insulation showcases at ISPO MUNICH 2016

HDWool®natural garment insulation is an innovative solution for the outdoor apparel market, offering superior comfort through exceptional moisture management, excellent insulation properties, resilience and full traceability of the product back to farm. The internal wadding, avai...

International Woolmark awards prize for menswear

Indian designer Suketdhir is the 2015/2016 International Woolmark Prize menswear award winner, announced at the world’s foremost menswear trade fair Pitti Uomo, Florence, Italy. Using the traditional Indian technique of hand-tied and dyed yarn (Ikat), Suketdhir’s winning collecti...

China will find it tough to achieve over 6.5 percent growth

China will face great difficulty in achieving economic growth above 6.5 percent over the 2016-2020 period due to slowing global demand and rising labor costs at home, the China Securities Journal quotes a top state adviser as saying. Li Wei, president of the State Council’s Devel...

Australian wool bale sold for record price at fundraiser

A single bale of  Australian wool was sold for 5500 cents a kilogram at the Melbourne wool stores last Friday. The bale, made up of fleeces donated by growers in the Omeo district, was given to the Helimed Ambulance Auxiliary to sell at auction as a fund raiser. The bale weighed ...

US economy added 292,000 jobs in December

US jobs growth remained solid in December as the economy added 292,000 jobs, beating expectations. The Bureau of Labor Statistics data also showed the jobless rate held at its seven-and-a-half year low of 5%. Professional and business services, construction, health care, and food...

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