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Latest Wool Trading News - April 2014

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Melbourne Wool market Report Thursday 20 March 2014

Merino fleece compared to yesterdays close saw best spec wools, 17.5 mic and finer on a very limited offering sold 5 to 10 ac cheaper, 18.0 mic to 19.5 mic sold up to 10 ac to 15 ac cheaper, 20.0 mic to 21 mic sold 5 to 10 ac cheaper, broader sold 5 ac cheaper on a limited offeri...

NZ National Wool Market Report – Thursday 20 March 2014

Bales on offer – 22,605, Bales sold – 18,054 ( 80%). A volatile New Zealand currency during the auctions and restricted interest from some markets saw prices ease for the combined North and South Island auctions. Of the 22,600 bales on offer 80% sold with a balance retained in gr...

Does wool promotion lack focus and edge?

Mr Qingnan Wen Chairman of Tianyu Wool Industry Co Industries believes international wool promotion has improved but it still lacks focus and edge. ‘Promotion needs to reach the end consumer. It must present the right message about wool, and its properties and benefits if the ind...

H. Dawson Wool to Deploy Anti-Counterfeiting Platform for Wool Fiber

Applied DNA Sciences (OTCQB: APDN), a provider of DNA-based anti-counterfeiting technology and product authentication solutions, announced a global exclusive agreement with international wool supplier H. Dawson Wool for the use of APDN’s SigNature T anti-counterfeiting system for...

Wool recovers while cotton price slides

ABARES is predicting lower world cotton prices next year, while wool should see an improvement in the short-term. The commodity forecaster says China is holding half the world’s cotton stocks, and that stockpile has kept prices relatively high over the past three years, despite p...

New research role for AWI

Paul Swan has been appointed by Australian Wool Innovation (AWI) to the new position of general manager, research. After reviewing the current human resource requirements across research for the company, AWI chief executive officer Stuart McCullough said the Board had endorsed hi...

Australian pregnant alpacas to fly to Turkey

A herd of pregnant alpacas is being flown out to establish a new industry in Turkey. The export is the first such deal with the Turkish Government, to breed high quality alpacas for both their fibre and meat. The alpacas flew out of Sydney, and will be followed by a much larger h...

NK Ingredients converts 10,000 tonnes of woolgrease into lanolin

NK Ingredients Pte Ltd (formally known as NK Chemicals Pte Ltd) has been in business for 20 years and was established to manufacture Lanolin and its derivatives. Today it operates one of the largest, most modern, integrated lanolin manufacturing operation in the world. ‘We select...

Global yarn output grows 2.8% in Q3’13

Global yarn production increased in Q3/2013 in comparison to the previous one as a result of higher output in Asia, North and South America while production fell in Europe. Year-on-year global yarn production was up as well with all regions recording higher output levels.   World...

“Wool Garment Exhibition” comes to the Kobe Fashion Museum

With its campaign message, “Live naturally, choose wool”, the Campaign for Wool is a global endeavour initiated by its patron, His Royal Highness The Prince of Wales, in order to raise awareness amongst consumers about the unique, natural biodegradable and renewable benefits offe...

USA adds 175,000 jobs and retail sales were also up in February

US retail sales rose for the first time in two months in February, official figures have shown. The figures suggest the world’s largest economy is gaining in strength after suffering the third-coldest winter on record. Retailers reported that sales rose 0.3% in the month, the US ...

Bugaboo visits Australia

The Woolmark Company recently announced its collaboration with Dutch mobility brand Bugaboo. These two iconic brands have partnered to produce the luxurious Bugaboo Wool Collection – a range of 100 per cent Australian wool accessories. Bugaboo is a Dutch company that designs and ...

Wool Comfort Meter to hit the commercial market

A device that takes the guesswork out of measuring prickle in woollen garments is close to hitting the commercial market. The Sheep Co-operative Research Centre has invested $7 million in developing the Wool Comfort Meter and last year trialled the product for major overseas reta...

CEMATEX will subsidise Research and Education participants at ITMA 2015

The European Committee of Textile Machinery Manufacturers, CEMATEX, has announced that it will provide a grant to all participants of the Research & Education Pavilion at ITMA 2015.   Charles Beauduin, President of CEMATEX, explained; “Investments in research and development, as ...

China output and retail data adds to slowdown fears

China’s industrial output rose 8.6% in January and February, according to the National Bureau of Statistics. Retail sales – a key measure of consumer spending – also increased 11.8% from the year before, government figures show. The figures were less than analysts had been expect...

Wool & Top stats in China imports / exports

The early wool processing market experienced pretty tough trading conditions during 2012/2013. During that time most companies in China report having made little profit and some experienced only losses. This was mostly due to an over capacity in China’s early wool processing sect...

Australia Harvest buys largest quantity of superfine wool

Australia Harvest (AH) is one of the largest Chinese wool processes and is the third biggest importer of greasy wool into China. Last year AH imported 12854 mil kgs of greasy wool, an increase of 5.51%. from the previous year. 90% of its imported wool is from Australia. ‘We are c...

Shandong Ruyi to buy 80% stake in Taylor & Lodge

Shandong Ruyi Technology Group Co Ltd, one of the top ten Chinese enterprises in the textile industry involved in textile and clothing, cotton textile, cotton printing and dyeing, knitting, fiber, and jeans, is to buy an 80 percent stake in Huddersfield, UK-based Taylor & Lodge, ...

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