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Latest Wool Trading News - December 2014

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Australian Wool Production for 2014/15 – 334 mkg, down 2%

The Australian Wool Production Forecasting Committee (AWPFC) has forecast production at 334 million kilograms greasy for the 2014/15 season, down by 2% from the 2013/14 season total of 341 mkg. Production is now anticipated to be slightly less than the decline previously forecast...

Italian spinner in talks to buy more Australian mohair

Italy’s biggest spinner has flagged its interest in buying more Australian mohair. Safil runs Europe’s biggest worsted yarn plant for wool and wool blend yarns. It produces 300 tonnes of mohair yarn each year, but 80 per cent of the fibre comes from South Africa’s Angora goat ind...

Safil – the first Italian spinner to become “bluesign® system partner”

Safil will be the first Italian spinner to become a “bluesign® system partner”, an important undertaking it has achieved with suppliers toward better sustainability.   Safil is a worsted spinning company with facilities in Italy and Bulgaria. It has signed a “screening agreement”...

Australian wool market review (12 December)

The AWEX EMI finished 5¢ higher (+0.5%) in Australian currency and 4¢ lower (-0.5%) in US currency at sales in Sydney, Melbourne and Fremantle this week. These were the last sales before the annual Christmas break. Sales will resume in the week commencing 5 January.   It was also...

NZ Wool Market Report (11 December 2014)

The 6,000 bales of North Island wool at auction this week saw a 95% clearance with good style wools holding their ground and poorer styles easing.   Bales on offer 6,040, bales Sold 5,734 (95%)   The weighted indicator for the main trading currencies was 0.56% stronger but had mi...

Australian Wool Selling Systems Review now open for submissions

Australian Wool Innovation (AWI) has commissioned an independent review of the wool selling system on behalf of its shareholders, Australian woolgrowers. The Wool Selling Systems Review (WSSR) focusses on all the processes and costs that sit within the exchange of ownership proce...

Tatham appointed European service centre for Yingyang Nonwoven Machinery

Tatham, a long established company in the nonwovens sector has been appointed as the authorised service centre for Yingyang Nonwoven Machinery in Europe. Tatham is already an authorised sales agent for Yingyang Nonwoven in the region.   Engineers at Tatham have successfully under...

Local student creates beautiful objects with locally produced South African Mohair

Ruth McNaughton, the talented former Mohair South Africa (MSA) bursary student who recently showcased her creative collection at Mercedes Benz Fashion Week, was selected as an Emerging Creative at Design Indaba earlier this year, where her fashion piece was shown on the MSA stand...

China’s The Eve Group signs marketing agreement with AWI

A week after the finalisation of the China-Australia Free Trade Agreement, the Australian wool industry’s R&D and marketing entity, Australian Wool Innovation Limited, which owns The Woolmark Company, signed a Marketing Collaboration Agreement with China’s leading purveyor of lux...

Armadillo Merino® t-shirts worn on International Space Station

Armadillo Merino® specialises in next-to-skin protective clothing made from innovative knit fabrics that utilise the natural benefits of superfine merino wool. These specialist t-shirts are now being worn by NASA astronauts and Russian cosmonauts. The company has clinched three c...

Vietnam becomes the market of the future for textile machinery

ACIMIT, the Association of Italian Textile Machine Manufacturers, participated in the recent business mission in Vietnam, promoted by Italy’s Ministry of Economic Development and Ministry of Foreign Affairs and organized by Italian Trade Agency.   Vietnam’s textile sector is alre...

Australian mohair prices continue to climb with records broken at final 2014 sale

Record prices at the final mohair auction of the year have capped off a stellar season for Australian Angora goat producers. The sale, held at Narrandera in south-west New South Wales, offered 35,000 kilograms in 188 bales. All 58 lots were cleared on the day. The top price was 4...

European Technology Platform at ITMA 2015 Research and Education Pavilion

    The European Technology Platform for the Future of Textiles and Clothing (Textile ETP) will be in the spotlight at ITMA 2015, the world’s most established textile and garment technology exhibition. Its key projects will be showcased at the exhibition’s Research and Education ...

UK service sector growth picked up in November

Activity in the UK’s dominant services sector grew at its fastest rate for a year in November, a leading survey has indicated, helping to alleviate fears that the economy may be slowing. The closely watched Markit/CIPS services purchasing managers’ index (PMI) rose to 58.6 in Nov...

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