Interviews
Aussie 2015/16 shorn wool output to dip 7%
19 Dec '15
2 min read
For the 2015/2016 season, shorn wool production estimates have been revised to 322 million kgs greasy, down 7.0 per cent from the final estimate of 346 million kgs for the 2014/15 season.
According to the Australian Wool Production Forecasting Committee (AWPFC), this reflects a combination of a 4.8 per cent fall in shorn sheep numbers and a 2.3 per cent drop in average fleece weights.
“This decline is from the Committee's final estimate of shorn wool production for 2014/15 at 346 million kgs, an increase of 1.7 per cent on 2013/14,” an AWI press release stated.
“The 7 per cent decline comes following six season of relatively stable wool production of between 340 and 350 million kgs greasy,” AWI too added in the press release.
The AWPFC's final estimate of shorn wool production for the 2014/15 season is 346 million kgs, up 1.7 per cent over the previous season.
“This increase is in line with, but less than, the increase seen in AWTA tests, ABS wool receivals and AWEX auction offerings for 2014/15,” AWI observed.
Some of the increase in wool tests, receivals and auction offerings late in the 2014/15 season was attributed to the release of on-farm stocks held over from previous seasons.
The reasons also included forward offering of wool held in brokers' stores and earlier than usual deliveries of recently shorn wool in response to the spike in wool prices in May and June.
“It is expected that, as these stocks will not be available in 2015/16, the AWTA test data and ABS receivals data in 2015/16 will fall by more than the decline in production,” it noted.
The Committee noted that for the 2015/16 season to November, the AWTA test data showed a reduction in volumes of wool between 20.6 and 24.5 microns.
However, this means smaller declines for finer Merino wool and for Crossbred wool, which resulted in a 0.1 micron decline in the mean fibre diameter for Australia to November. (AR)
According to the Australian Wool Production Forecasting Committee (AWPFC), this reflects a combination of a 4.8 per cent fall in shorn sheep numbers and a 2.3 per cent drop in average fleece weights.
“This decline is from the Committee's final estimate of shorn wool production for 2014/15 at 346 million kgs, an increase of 1.7 per cent on 2013/14,” an AWI press release stated.
“The 7 per cent decline comes following six season of relatively stable wool production of between 340 and 350 million kgs greasy,” AWI too added in the press release.
The AWPFC's final estimate of shorn wool production for the 2014/15 season is 346 million kgs, up 1.7 per cent over the previous season.
“This increase is in line with, but less than, the increase seen in AWTA tests, ABS wool receivals and AWEX auction offerings for 2014/15,” AWI observed.
Some of the increase in wool tests, receivals and auction offerings late in the 2014/15 season was attributed to the release of on-farm stocks held over from previous seasons.
The reasons also included forward offering of wool held in brokers' stores and earlier than usual deliveries of recently shorn wool in response to the spike in wool prices in May and June.
“It is expected that, as these stocks will not be available in 2015/16, the AWTA test data and ABS receivals data in 2015/16 will fall by more than the decline in production,” it noted.
The Committee noted that for the 2015/16 season to November, the AWTA test data showed a reduction in volumes of wool between 20.6 and 24.5 microns.
However, this means smaller declines for finer Merino wool and for Crossbred wool, which resulted in a 0.1 micron decline in the mean fibre diameter for Australia to November. (AR)
Fibre2Fashion News Desk – India
Popular News
Leave your Comments
Editor’s Pick
Kimberly Morgan and Rik Veltman
K3 Business Technology Group PLC
Primrose Matheson & Vanessa Barker
Bedstraw & Madder
Salvatore Piccione
Label - Salvatore Piccione
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
