LATEST
WOOL TRADING NEWS - September 2010 |
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US economic growth strong
Gross domestic product (GDP) grew at an annual rate of 3.4% in the three months to June, according to the Commerce Department.
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Russia’s textile machinery import duties may go
‘Import customs duties for certain light and textile industries machinery may go’, says Mr Andrei Kushnirenko, Deputy Director of the Economic Development and Trade Ministry's trade negotiations department.
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India's move to simplify import duties
In a move to remove some specific duties imposed on Bangladeshi textiles imports, Indian Prime Minister Manmohan Singh is likely to discuss this issue with the Trade and Economic Relations Committee (TERC) in New Delhi, said sources.
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Czech Republic’s Textiles, clothing & footwear retail sales up 9.7% in June 2005
The Czech Statistical Office presented the retail sales results for June 2005.
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The European Central Bank holds rates
The European Central Bank (ECB) kept its official interest rate unchanged at two percent , while watching closely for inflationary damage from soaring energy costs.
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AUSTRALIAN WOOL WOOL MARKET REVIEW
The Australian Wool Market finished this week with prices 0.3% lower, on average, at the sales in Newcastle, Melbourne and Fremantle. The AWEX EMI remained unchanged, ending the week at 698˘/kg clean. This reflected no change in the North and a decrease of 1˘ (-0.1%) in the South, with their corresponding Regional Indicators finishing the week at
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THE 17TH CHINA WOOL TEXTILE (NANJING WOOL MARKET) CONFERENCE 2005
The 17th China Wool Textile Trade Fair And Information Conference 2005 hosted by Wool Commission of CWTA and The Nanjing Wool Market will be held on 18th September 2005 in Nanjing, Jiangsu Province, China.
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Greenspan warns of rising rates
US rates are likely to go on rising amid expectations of further solid economic growth, US Federal Reserve (Fed) chairman Alan Greenspan has said.
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US delays decision on China’s textile quotas
The United States has restricted imports of billions of dollars worth of clothing from China this year using an anti-surge "safeguard" mechanism Beijing accepted when it joined the World Trade Organization in 2001.
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China revalues its currency – good news for wool
China has abandoned its currency's peg to the dollar and revalued the yuan by 2.2%. It now buys more US dollars than before.
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People's Bank Of China issues information on new exchange rate
With a view to establishing and improving the socialist market economic system in China
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'Woolcheque' clip pricing website launched
Woolgrowers can now price their clip using WoolchequeTM, a web-based tool linked to the latest auction market data that was launched by Australian Wool Innovation Limited (AWI) Chief Executive Officer (CEO) Dr Len Stephens at Bendigo today.
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Elders set to open processing plant in China
Elders Australia says it may open a wool processing plant in China.
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Fine wool – decline in prices but demand lifts
Since peaking in the 2000/01 season, fine and superfine merino wool prices have been on a declining trend according to The Woolmark Company. For the 2004/05 season to the end of May, fine and superfine wool prices in A$ terms were dramatically below the seasonal average registered in the 2000/01 season.
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European Union to grant GSP status to Pakistan
Addressing a meeting organized by Karachi Chamber of Commerce and Industry (KCCI), Federal Secretary for Ministry of Commerce, Tasneem Noorani stated that Pakistan will be qualified for the Generalized Specific Preference (GSP) status from January 2006.
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