Home / Knowledge / News / Textiles / Sale of Mid Micron fleece softer
Sale of Mid Micron fleece softer
15
Dec '11
New Zealand Wool Services International Limited reports the combined North and South Island auction this week saw a 70 percent clearance with most types 2 to 4 percent cheaper. Despite the weighted indicator for the main trading currencies being 2.91 percent lower this potential positive factor was overruled by the current poor market conditions.

Apart from Merino wools which had a mixed day with some categories easing slightly and others increasing marginally the balance of the offering was cheaper. Mid Micron fleece compared to the last time sold on 1st December were between 1 and 4 percent softer. Compared to the sale on 8th December Fine Crossbred Fleece was 1.5 to 2 percent easier with the longer shears 2 to 3 percent weaker.

The 2 to 4 inch shears eased between 3 and 5 percent with the shorter types generally 1 percent down. Coarse Crossbred Fleece and shears, Good and Average style were generally 2 percent easier with the poorer types 4 to 6 percent weaker. Long Oddments were 5 to 7 percent down with the short types 3 to 5 percent cheaper. Wide spread competition with China and Australasia principals supported by United Kingdom and Europe.

New Zealand Wool Services International Limited

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search