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Latest Wool Trading News - October 2015

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Have your say in the future of the wool industry

IWTO is facilitating the development of a wool industry vision and strategy. ‘It is important for the industry to be proactive in creating a successful future for wool collectively’, says Elizabeth van Delden Secretary General IWTO.   What will success look like for wool in 2025?...

AWI sees renewed interest in the use of wool in womenswear

In the August market report the Woolmark Company looked at the renewed interest in the use of wool in womenswear.   The report points out that in recent months the Australian wool market’s benchmark Eastern Market Indicator (EMI) has remained above 1200 Ac/kg clean while global e...

Nanjing Wool Market Conference – Qingdao China

The 27th International Wool Trade Fair & Information Conference was held in Qingdao China in September. Nanjing Wool Market hosted over 400 representatives from 26 countries at the three-day conference.   Nanjing Wool Market Conference is an annual meeting of the global wool indu...

Australian Wool Market (25 September) Commentary from AWI

Australian Wool Auction markets exhibited signs of life last week, as the Merino fleece sector seemingly arrested the downward trend for the moment. Whilst opening slightly softer, some positive signals were forthcoming from India and China and to a lesser extent Europe throughou...

New Zealand Wool Market Report (24 Sep 2015)

The South Island sale saw a strong market with steady support. Of the 9,250 bales on offer 84.4 percent sold. The weighted indicator for the main trading currencies was down 0.72 percent compared to the last sale on 17th September, helping hold up local price levels.   In line wi...

G.Schneider on Animal Welfare

  G. Schneider is one of the oldest company’s in the wool and animal trade with its headquarters in Switzerland and branches in Australia, New Zealand, Argentina, Outer Mongolia, Iran and China. The company has issued the following press release regarding animal welfare.     ‘ In...

Wool Carpet Focus Group launches new website

The recently formed Wool Carpet Focus Group (WCFG) have launched a new website that promotes the benefits of making carpets and rugs from wool – The website was launched at the Flooring Show in Harrogate (20-22 September 2015).   Martin Curtis, Group...

Australian wool growers are being urged to class more of the clip

Wool growers are being urged to class more of their clip, to alleviate a shortage of well-prepared wool. ABC Rural reported that the president of the Australian Council of Wool Exporters and Processors, Chris Kelly, said growers would be rewarded with hefty premiums of up to 10 p...

Safil publishes 2014 Sustainability Report

Italian spinning company, Safil, commenting that – the market’s ever-greater awareness of the interdependence between economic, environmental and social matters in business, combined with the need for greater transparency by companies with regard to their business model, led the ...

AWI to elect new Board

Australian Wool Innovation Ltd (AWI), the research, development and marketing body of the Australian wool industry has announced the candidates for election to the Board who have met all requirements for nomination. Three candidates will contest the board positions to be made ava...

Overgrown Australian sheep Chris ‘breaks world record’

An overgrown Australian sheep affectionately named Chris has set a new unofficial world record following a hair cut from five shearers. Welfare crews warned it risked death because it was so woolly from living in the wild for several years. More than 40kg (88lb) of wool was remov...

Innovative digital textile printers launched at ITMA 2015

COLORJET Group, one of India’s largest manufacturer of digital printing machines is introducing two future-ready digital textile printing solutions, the METRO and the FABJET-DUO at ITMA 2015. These digital textile machines will be exhibited at ITMA in hall 18, stall no. H-102.   ...

US economic growth estimate revised upwards

The US economy grew faster than previously estimated in the second quarter of the year, according to revised official figures. The US Commerce Department said the economy expanded at an annualised pace of 3.9%, rather than 3.7%. The growth in the economy overall was due to strong...

Gateway exhibition for South Asia to be held in Sri Lanka

Intex South Asia will be held on November 16-17 (Mon/Tue), 2015 at the Sri Lanka Exhibition & Convention Centre (SLECC) in Colombo. Today, Sri Lanka stands strong as one of the premier fashion and apparel outsourcing hubs. Known globally as the producer of “Garments without Guilt...

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