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Latest Wool Trading News - December 2017

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The team at www.woolnews.net wish all readers and advertisers a merry Christmas and festive season. We take this opportunity to acknowledge your support and we look forward to bringing you the latest industry news from around the world again in 2018.

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Australian wool production to lift in 2017/18

The Australian Wool Production Forecasting Committee (AWPFC) has revised its forecast of shorn wool production for the 2017/18 season upwards to 345 million kilograms greasy, a 1.4% increase on its final estimate of 340 mkg for the 2016/17 season. Committee Chairman, Russell Pattinson said that “seasonal conditions in the major sheep producing areas across Australia were very mixed through Winter and into Spring. Lar...

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woolbuy.net open for business 24/7

Not everyone closes over the holiday season – buyers and sellers of wool, top, yarn, and speciality fibre can log in to www.woolbuy.net to view the latest offerings at any time. And if you are one of the hundreds of wool sellers that have placed listings in www.woolbuy.net please make sure that you update your offerings regularly. www.woolbuy.net provides a free platform for buyers and sellers of wool, top, yarn, and...

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Australian Wool Market Report from AWI

Yet another historical week at Australian wool auctions which has seen the AWEX EMI (Australian Wool Exchange – Eastern Market Indicator) week-ending figure record broken again for the 12th time this season. The strong price surge of last week was seen and raised for all sectors of wool on offer, with all micron bands recording impressive gains. This keen interest smashed the EMI through the 1700 ac mark to close at ...

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UK Wool Market Report (12 December 2017)

British Wool Marketing Board offered 2,195,000kgs of wool for sale. The clearance was 94%. The British Wool index was flat sale on sale at £1.469 clean. Total weight offered 2,195m kg. Total weight sold 2.061m kg. There was a marked increase in demand at todays sale which resulted in a clearance of 94% of a larger offering than of late. The carpet type wools performed very well, recording price gains. The finer wools...

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Spin Group to debut sustainable floor covering at DOMOTEX

The Spin Group, a leading global manufacturer of synthetic and natural floor covering yarns, will debut the full spectrum of its offering on stand A59, Hall 11 at DOMOTEX 2018.   The Spin Group will be at DOMOTEX to explore the theme of ‘nature hanging by a thread’ –  discussing why sustainable production should be a top priority across the floor covering yarn industry and demonstrating how sustainability is at the h...

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Traders See No End to the Dollar’s Pain in 2018

For the almighty US dollar, 2017 has been nothing short of abysmal. Next year might be even worse, says Bloomberg media. Despite a recent bounce back, analysts and investors say the greenback could lose more ground against the euro and yen as the prospect of strong economic growth and tighter monetary policy outside the U.S. more than offsets higher interest rates at home. The dollar is down more than 7 percent versu...

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AWI releases information on Flystrike development progress

Australian Wool Innovation (AWI) has recently released the updated Managing Breech Flystrike Manual, AWI Breech Flystrike RD&E Program – Improving Lifetime Welfare Presentation (November 2017) and Breech Flystrike Strategy 2017/18 – 2021/22. These developments follow more than a decade of investment across a diverse range of research projects aiming to protect the Australian sheep flock from flystrike. As the Austral...

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New factsheets show wool’s environmental credentials

Many key facts illustrating wool’s renewability, biodegradability, and ultimate environmental footprint have been compiled in a series of factsheets, free to anyone wanting to know the facts and promote the natural fibre. These factsheets are a science-based resource that point to peer-reviewed, published studies. Developed to help underpin the credentials of wool as an environmentally responsible natural fibre, the ...

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Truetzschler takes full control of combing business

In 2010 Toyota Industry Corporation, Japan, and Trützschler GmbH & Co. KG, Germany,  started a joint development with a new combing machine – the TCO12 – which was first exhibited at the ITMA Asia in Shanghai in 2012.   Since that time both companies have sold several hundred machines worldwide including the newly developed Super Lap TSL12. ‘The installations are running to the satisfaction of our customers’, says a ...

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National Geographic adventurers choose Merino

“Sometimes nature is the best engineer.” So says award-winning photographer and film-maker Pete McBride about the importance of apparel and equipment choice when embarking on an expedition. One of National Geographic’s Adventurers of the Year, Pete McBride has spent years travelling to the most remote parts of the world. Speaking to National Geographic Traveller from Colorado’s Elk Mountains, the intrepid traveller h...

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New garment factories for Jordan

Prime Minister of Jordan Hani Mulki as part of the government’s development and job-creation strategy in the Kingdom’s various regions, on Monday laid the foundation stone of two garment factories in Arjan in the Ajloun Governorate and Souf in the Jerash Governorate. The apparel factory in Ajloun, which is being launched by a local manufacturing company, will provide 250 jobs, mostly for women, in the area, one of th...

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NCWSBA celebrates the history of wool broking in Australia

The National Council of Wool Selling Brokers of Australia opened its inaugural wool broking industry historical display at the Melbourne Wool Selling Centre. The permanent display celebrates the history of the wool broking industry in Australia.   NCWSBA President, John Colley, opened the display, saying “The Australian wool industry is an iconic part of Australia’s history and its economy. Wool broking companies hav...

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Huntsman introduces HIGH IQ® Lasting Color and HIGH IQ® Lasting White

Huntsman Textile Effects has updated the High IQ® performance assurance program to help mills, brands and retailers meet consumer demand for textiles that stay looking newer for longer. A global leader in intelligent effects has extended its color retention program with High IQ® Lasting Color and Lasting Color eco, plus High IQ® Lasting White with cutting-edge fluorescent whitening agents and stain management technol...

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Global cotton production to increase in 2017/18

Following two years of declining planted area, global cotton area for 2017/18 is projected to increase by 11% to 32.5 million hectares. Planted area in India is estimated at 11.55 million hectares for 2017/18, with production projected to grow by 8.7% to 6.2 million tons. In 2017/18, planted area in the USA continues to grow for the second season by an estimated 20% to 4.6 million hectares.   Pakistan plantings for 2...

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