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Latest Wool Trading News - July 2017

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Rare mutant sheep with straight, silky wool

A rare mutant sheep with straight, silky wool is helping unravel the mysteries of human hair. When a farmer in Otago, New Zealand, saw a bizarre-looking lamb in his flock, he first assumed a wild goat had snuck in and impregnated one of his ewes. The newborn had a lamb-shaped body yet was coated with straight, lustrous wool, more like the hair of an angora goat than a typical sheep. News of the “geep” (or sheep-goat ...

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Overview of demand for Merino and Crossbred wools by China

The Woolmark Company monthly report outlines the situation in China regarding Merino and Crossbred wools. The report points out that the overall sentiment in China remains positive, although there are some users who indicate that Merino wools finer than 19 micron are at “too high a level” and therefore are killing off demand in some sense. The 19.5 to 23 micron brackets remain price sensitive within the current range...

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Australian Wool Market Report from AWI (30 June 2017)

Wool auction results across Australia went largely to pre sale expectations this week. Unfortunately it was to the negative in the leading market sector of the Merino fleece, but all other types and descriptions on offer managed to hold their levels. The AWEX EMI (eastern market indicator) decreased by 26ac/clean kg or 1.7% for the week to bring the closing level back to 1507ac/clean kg. When measured in USD, the EMI...

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New Zealand Wool Market Report (29 June 2017)

The market was down this week due to a combination of slower demand and a slightly stronger New Zealand dollar.  South Island price levels have now come more into line with their North Island counterparts. Bales on offer 8194, 5716 Bales Sold (70% Sold).   The weighted indicator for the main trading currencies compared to the last sale on the 22nd June was marginally stronger by 0.24 percent.   Compared with last wee...

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Z Zegna unveiled its TECHMERINO™ SS18 collection

Z Zegna unveiled its TECHMERINO™ SS18 collection, in collaboration with The Woolmark Company, during the 92nd edition of Pitti Uomo, Florence. TECHMERINO™ is a fusion of the best attributes of Merino wool with the most sophisticated wool processing and finishing techniques. The result is a breathable waterproof fabric that adapts to the ambient temperature and is quick drying. TECHMERINO™ introduces a new way to enha...

Make a Comment expands with over 300 online listings is a free online website for buyers and sellers of wool. It has been expanded and now has over 300 listings of a variety of wool, tops, and yarn for sale from over 30 countries around the world. ‘This website is only two years old but is proving to be a popular option for wool buyers and sellers’, says Victor Chesky of ‘The website is being used by wool exporters from most wool producing c...

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2017 wool2yarn global magazines – advertising bookings close in July

2017 wool2yarn global and wool2yarn china magazines will be published in September and companies that wish to participate have until the end of June 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 imp...

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New research – superfine wool not a risk factor for children with eczema

Wool ‘itch’ factor debunked as research shows superfine merino wool can assist children with eczema. Clinical trials published in the Journal of British Dermatology looked at whether there was a link between fine merino wool and childhood eczema. Across the western world one in every 10–12 children suffer from eczema, which is also known as atopic dermatitis. Dermatologists have for many years recommended that parent...

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Update to AWEX market indicators

The Australian Wool Exchange (AWEX) has completed its periodic review of the structure and profile of the AWEX Market Indicators. First released in 1994/95 and last revised at the commencement of the 2014/15 season, regular reviews are conducted to ensure relevancy and to take into account changes to the composition of the Australian flock and wool production profile over time.   The review examined the relative prop...

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Italian textile technology at CAITME 2017

At the upcoming edition of CAITME, to be held in Tashkent, Uzbekistan from September 13 to September 15, 2017, 16 Italian textile machinery manufacturers will exhibit in the common area set up by the Italian Trade Agency and ACIMIT.   Among these companies ACIMIT’s associated members include: Beta Machinery, Carù, Cormatex, Durst, Ferraro, Mcs, Pozzi Leopoldo, Ramallumin, Ratti, Rite, Santex Rimar Group, Savio, Sicam...

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South African Wool futures contract from JSE

The Johannesburg Stock Exchange has listed a cash settled merino wool futures contract on its Commodity Derivatives Market. The contract allows farmers and wool buyers to protect themselves against movements in the wool price.   The settlement price of the new contract will be determined by the Cape Wools Merino Indicator, an index created by Cape Wools SA. The indicator reflects movements in the price of wool by cal...

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Xinao incorporates “performance into fashion”

Zhejiang XINAO textiles Inc. one of the world’s leading manufacturers of wool and wool/blend worsted spun machine knitting yarns for flat bed and circularknitting and for the manufacturing of socks and hosiery. In their collection for Autumn/Winter 2018/19, they will launch a series of newly developed yarns where performance has been incorporated into fashion. The new yarns have been designed and engineered to meet t...

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IMF cuts forecasts for US economic growth

The International Monetary Fund (IMF) has cuts its growth forecasts for the US economy due to uncertainty about White House policies. It now expects growth of 2.1% in 2017 and 2018, against earlier estimates of 2.3% in 2017 and 2.5% in 2018. The forecast is also below the 3% rate targeted by the White House. Proposals such as cuts to spending on programmes that benefit low and middle income households could lead to e...

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ITMA 2019, the world’s largest textile and garment technology, has received strong response since online applications opened in May. Some 25% of the exhibition space has been booked by more than 300 exhibitors during the first six weeks, according to ITMA Services, the organiser of ITMA 2019. Mr A.E. Roberts, Managing Director of ITMA Services, attributed the strong demand to the success of ITMA 2015 and the rapid te...

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AWTA Key Test Data Summary May 2017

The monthly comparisons of Total Lots, Bales and Weight for May 2017 compared with the same period last season are: +27.0%, +23.5% and +23.0% respectively. The progressive comparisons of Total Lots, Bales and Weight for July 2016 – May 2017 compared with the same period last season are: +5.0%, +4.5% and +4.8% respectively. AWTA Ltd has tested 335.0 mkg (million kilograms) this season compared with 319.5 mkg for the e...

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Australian Wool Exchange Portal build to begin

The AWI Wool Exchange Portal working group (WEP-WG) has endorsed the construction and implementation of a digital wool exchange platform for the longer-term benefit of the Australian wool industry. The business case developed by the group has identified $38 million in consolidated industry benefits over the first 15 years of such a digital selling platform. WEP-WG Chairman, Will Wilson has presented the group’s findi...

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New ACIMIT president

There has been a changing of guard at the helm of ACIMIT, the Association of Italian Machinery Manufacturers for the Textile Industry. The members’ assembly have elected  Alessandro Zucchi to succeed Raffaella Carabelli as President of ACIMIT.   Born in the province of Bergamo in 1958, Zucchi is married and the father of two children. He has garnered multi-year experiences in the textile machinery sector, and is curr...

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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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