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Latest Wool Trading News - May 2015

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NZ Wool Market Report (28 May)

Continued shipping pressure for China kept Finer Crossbreds firm however coarse wools eased as volumes available increase. The weighted indicator remained unchanged compared to the last sale on 21st May.   Of the 8,900 bales on offer, 94 percent sold.   Fine Crossbred longer shea...

South African Wool Market report (27 May)

Port Elizabeth – The wool market surpassed last week’s record price and the Cape Wools Merino indicator gained 1,3% to close at R133,77/kg (clean). This is 19,8% higher compared to the opening sale of this season and up 22,2% compared to the corresponding sale of the previous sea...

Russia – growing opportunity

‘I believe Russia should be seen as a major opportunity for wool buyers’, says Mr Sergey Puzanov Director of Slavyane Wool Company. Sergey Puzanov, speaking from his office in Beijing, comments that ‘for our company, China has become a predominant market. The majority of our Russ...

Safil Yarns for functional fabrics with a twist on fashion

Safil, Italian spinning company based in Biella, has expanded its range of performing yarns for functional garments. These are made of innovative blends of natural and technical fibres and of some exclusive blends.   The concept is the result of developments in yarn with a high l...

IWTO president talks about sales and wool calendar events

AWI invited Peter Ackroyd, President of the International Wool Textile Organization (IWTO) to share his thoughts with the industry on sales, news and other events.   In recent months the monthly market intelligence report has discussed the level of demand in certain markets for p...

Mohair Market Report (Catalogue: 201506 Tuesday 26 May)

The Penultimate sale of the 2015 summer season took place, with 96 112 kg’s on offer. The offering consisted of good quality individual clips, with 92% of the offering being sold.   The average market indicator gained 4% from the previous sale, to close on R194.29 per kg. This in...

PROSINO introduces Long Staple Spinning Manual

PROSINO S.r.l., a market leader in the manufacturing and marketing of spinning and twisting rings since 1946 will introduce a new “Long Staple Spinning Manual” at the next ITMA show in Milan. ITMA will be held from 12th to 19th November 2015 and Prosino hopes that the tips and su...

2015 Nanjing Wool Market Conference – 11 to 13 September

Nanjing Wool Market Conference is an annual meeting of global wool industry people to gather together and discuss current industry issues, future developments, and new market opportunities. Participants include growers, traders, primary processors, spinners, weavers and garment m...

Wool Week 2015: Australian retailers surround themselves with wool

Australians have the chance to purchase a piece of fashion history this Wool Week, as three premium fashion labels create exclusive T-shirts in collaboration with The Woolmark Company in support of the global Campaign for Wool. With Australian designers having access to the world...

Farm to fashion highlighted through The Art of Wool exhibition

Australia. Helping to bridge the gap between farm and fashion, New England Regional Art Museum (NERAM), in Armidale, NSW, has been working alongside AWI to present The Art of Wool exhibition in support of the global Campaign for Wool.   Artworks are drawn from NERAM’s extensive c...

China’s exports fall 6.2% in April against a forecast rise

China’s monthly trade data has shown exports fell in April from a year ago by 6.2% in yuan terms compared to expectations for a rise of about 1.5%. Imports also fell for the month by 16.1% in yuan terms, compared with forecasts for a fall of about 12%. That means the country’s tr...

World Textile Summit 2015

The first speakers have been announced for the World Textile Summit, which will be co-located with ITMA 2015 and explore sustainability strategies to create business value in the textile manufacturing value chain.   In line with the key themes of ITMA 2015, the Summit’s programme...

Eurozone economic growth picks up to 0.4%

The economy of the eurozone grew by 0.4% in the first three months of the year, official figures have shown, as its slow recovery continues. Although the figure was slightly below analysts’ expectations, it shows growth in the bloc has been accelerating slowly over the past year....

Australian wool production predicted to ease in 2015/16

The Australian Wool Production Forecasting Committee (AWPFC) has set its forecast production for the 2014/15 season at 341 million kilograms greasy for the 2014/15 season, the same as the estimate for the 2013/14 season. The AWPFC has also made its initial projection for the 2015...

Australian carding wool prices keep rising

The price for Australian carding wools has been rising steadily, according to Paul Ferronato Wool Trading Manager at Victoria Wool Processors. He attributes this price increase to a rising demand particularly in the domestic sector in China, and limited supply coming onto the mar...

Australian Wool Market review (AWIS 24 April 2015)

  The AWEX EMI finished 23¢ higher (+2.0%) in Australian currency and 18¢ higher (+2.1%) in US currency at sales in Sydney, Melbourne and Fremantle this week. 46,370 bales were on offer nationally, compared with 54,229 bales last sale. 1.9% of the offering was passed in, the lowe...

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