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Latest Wool Trading News - August 2018

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The current recess in wool trading around the world is making for a quiet, and for some, a restful break. So, there are no wool market reports featured in this issue of woolnews.net We  bring you the July issue that focuses on the world economy in general, and include some articles on topical issues. Wool auctions in Australia, New Zealand and South Africa resume next week.

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Independent review of performance of AWI released

Australian Wool Innovation (AWI) welcomed the release of the ‘Independent Review of Australian Wool Innovation’ (the Report) that examined the company’s performance and governance for the period 2015-2018. The 500-page Report is based on a review conducted by Ernst & Young (EY) who was engaged by the Department of Agriculture and Water Resources, in accordance with the announcement of the Minister, David Littleproud ...

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Why some African countries don’t want charity clothes

Claim: Donating second-hand clothes has had a negative effect on textile industries in African countries.The Rwandan President, Paul Kagame, has said: “We are put in a situation where we have to choose – you choose to be a recipient of used clothes… or choose to grow our textile industries.” Rwanda is planning to ban the import of second-hand clothes by 2019 and has already put up tariffs.   Verdict: Imports of cheap...

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The Nanjing Wool Market Conference – 11 to 13th September 2018

The 2018 Nanjing Wool Market Conference will be held in Nanjing Jiangsu Province, China. The NWM Conference, held in September each year, is an excellent opportunity for all international delegates to meet with China’s biggest wool buyers and processors, all in one place. It also offers exhibition space for companies wishing to exhibit their products and is open to delegates from all around the world. Nanjing Wool Ma...

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Microplastic pollution – the biggest environmental problem today

Microplastic pollution is devastating our oceans. New research indicates that the biggest culprit may be the clothes we wear. The first time professor Sherri Mason cut open a Great Lakes fish, she was alarmed at what she found. Synthetic fibers were everywhere. Under a microscope, they seemed to be “weaving themselves into the gastrointestinal tract”. Though she had been studying aquatic pollution around the Great La...

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How a US-China trade war could hurt us all

In a recent article by Karishma Vaswani BBC Asia Bsiness Correspondent  he asks what happens when the world’s two biggest economies go to war? ‘Ok, so it’s not a real war – but the US and China are at the beginning of a trade war – and no-one knows just how bad it could get. So here’s how a US-China trade war could hurt us’, he says. Tit-for-tat A list of Chinese products will be hit with a 25% tariff – effectively m...

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2018 wool2yarn global magazines – advertising bookings close 6 August

2018 wool2yarn global and wool2yarn china magazines will be published in September and companies that wish to participate have until 6 August to book advertising space.   These magazines are published once each year (September) and circulated to wool and textile companies in more than 60 countries worldwide, including China.   wool2yarn china is a Chinese language publication circulated to over 5000 wool importers, w...

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US economic growth hits fastest rate since 2014

The US economy grew at its fastest pace in nearly four years in the second quarter, expanding at an annualised rate of 4.1%, official figures show. The gains were driven by strong consumer spending and a surge in exports as firms rushed to beat new trade tariffs. US President Donald Trump described the acceleration as “amazing”, claiming it as proof his policies are working. But many analysts cautioned that growth co...

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Baltic Fashion & Textiles 18-20 October 2018 Vilnius

Baltic Fashion & Textiles is an event to expand the business networking, providing companies, entrepreneurs, and professionals of the fashion value chain, the opportunity to check the news of the most important national and international textile companies.   Lithuania is one of the fastest growing economies in EU Zone. It provides an advantageous geographic position for worldwide companies to cooperate with businesse...

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Montana Researchers Pioneer Using Wool for Erosion Control

The stuff of socks, sweaters and high-tech underwear now has yet another use, according to a Montana State University study: revegetating roadsides to prevent erosion. At a road cut along Highway 287 near Three Forks, Mont., healthy patches of native grasses are a testament to the lasting benefits of using wool, said Rob Ament, a research scientist at the Western Transportation Institute in MSU’s Norm Asbjornson Coll...

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Huntsman Textile Effects introduces HIGH IQ® Sun Protect

Huntsman Textile Effects has extended the HIGH IQ® performance assurance scheme to help mills, brands and retailers meet consumer demand for garments and accessories with built-in sun protection. HIGH IQ® SUN PROTECT provides an Ultraviolet Protection Factor (UPF) of up to 50 and above, providing the wearer with the highest level of protection for the lifetime of the garment. Consumers around the world are increasing...

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Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.


Reach buyers in 58 countries – advertise in wool2yarn global magazine. Published once each year (September) it is circulated to over 5000 textile companies. Readership includes importers of wool and speciality fibre, topmakers, spinners and weavers, manufacturers of yarn, knitwear, carpet, and blankets, producers and importers of fabrics, bedding products, garment manufacturers, and brands and retail chains. See more.

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