LATEST
WOOL TRADING NEWS - September 2010 |
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New sheep breed for New Zealand
The new breed has a bare bottom, slightly shorter tails, and no wool on its belly. For both farmers and shearers, this means 10% less shearing time.
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Schlafhorst takes over sales of DREF Friction spinning technology
Schlafhorst, international exporter of textile machinery has integrated DREF friction spinning into its sales program. Its sister company Neumaf l Sauer, took over Austrian company Fehrer in mid 2005.
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Chinese export fears 'unfounded' - International Labour Organisation
Despite a huge surge in Chinese textile exports, fears that cheap Chinese goods would hit manufacturers have failed to materialise, a report has found.
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Further relaxation in the Chinese yuan anticipated
The amount of yuan held by foreign banks has risen significantly, in anticipation of another rise in the value of China's currency.
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Australian shorn wool production forecast
The AWI Wool Production Forecasting Committee released its revised estimates for wool production for 04/05 and 05/06.
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China in retaliatory mood over textile anti-dumping issue
The Chinese Ministry of Commerce recently announced the imposition of anti-dumping duties between 7-65% on imported unbleached cardboard for cowhide suitcases from the US, Thailand, South Korea and Taiwan.
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AWI and IWTO test marketing campaign
Australian Wool Innovation Limited (AWI) is joining forces with the International Wool Textile Organisation (IWTO) in a major test marketing campaign for Merino wool, developed by Australian Wool Services (AWS).
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Australia - export deal to boost Tasmania's wool industry
Tasmania's wool industry hopes a new deal with China's largest wool textile company will increase international demand for the state's wool.
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Purelana™ new brand for New Zealand scoured wool.
New Zealand Wool Services International has launched a new brand of scoured wool. This 100% pure, new, New Zealand scoured wool was launched at the recent China National Wool Textile Trade Fair and Information Conference held in China last month.
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New Zealand wool exports slow
New Zealand export figures for 2004/05 have highlighted a significant slowdown in the second half according to information released by the Australian Woolmark Company.
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China announces further exchange rates
China's central bank has announced further exchange rate changes, two months after it revalued the yuan for the first time in a decade.
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Wool prices may fall further
Wool prices, at a 5 year low, may fall further on weaker demand according to Bloomberg.com, a global provider of data, news and analytics.
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Swift ascent for Curtis Wool Direct
CURTIS WOOL DIRECT is a family owned and operated business that has a long and well established history with its head office in Bradford United Kingdom. Recent expansion by this group of companies is the result of a deliberate policy to develop into a major exporter, importer and processor of raw materials from around the world.
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Weak result for Wool Equities Ltd
Investment and restructuring have taken their toll on Wool Equities Ltd, inflicting an annual loss of $7.2 million. Heavy losses by subsidiary Keratec and Canesis Investments contributed to WEL’s losses for year ending June 2005.Investment and restructuring have taken their toll on Wool Equities Ltd, inflicting an annual loss of $7.2 million. Heavy losses by subsidiary Keratec and Canesis Investments contributed to WEL’s losses for year ending June 2005.
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China-US textile talks unravel
The fifth round of US-China talks on Chinese textiles has ended without agreement, but the two sides will meet again in an attempt to iron out a deal. Although some progress was reached at the most recent talks in Washington, their differences were not settled, the Chinese trade ministry said.
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