Interviews
Wool market positive on Italian seasonal demand
05 Sep '11
1 min read
Encouraged by the return of European demand, especially Italian demand for finer merino wools, the spring wool market in Australia has started the week on a positive note.
Last month, the prices of finer wool had fallen up to 10 percent, but the prices regained 2 percent as Italians started their seasonal procurement of wools for quality clothing.
Wool prices had seen big falls in prices three weeks ago. The prices of finer microns 16.5 to 18 had fallen by 180 to 360 cents, i.e. by around 7 to 10 percent from their mid-June prices. So, wool prices have ample scope to recover.
Last month, the prices of finer wool had fallen up to 10 percent, but the prices regained 2 percent as Italians started their seasonal procurement of wools for quality clothing.
Wool prices had seen big falls in prices three weeks ago. The prices of finer microns 16.5 to 18 had fallen by 180 to 360 cents, i.e. by around 7 to 10 percent from their mid-June prices. So, wool prices have ample scope to recover.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Editor’s Pick
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Yohan Lawrence
Joint Apparel Association Forum (JAAFSL)
Unenbat Ch.
GOBI Mongolian Cashmere USA Corp
Daniela Brunner
Label - Guilia & Romeo
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)")
