Home / Knowledge / News / Textiles / NZ wool prices ease on currency factor
NZ wool prices ease on currency factor
Dec '11
New Zealand Wool Services International Limited reports the combined North and South Island Wool Auction comprising 16,500 bales saw a 76 percent clearance with prices generally easing with the currency factor having the greatest effect.

Compared to last sale on 15th December, the weighted indicator for the main trading currencies strengthened 1.95 percent with a corresponding easing of prices locally.

Mid Micron Fleece was firm to 2 percent easier except the 29.5 to 30.5 micron bracket which came back 6 to 9 percent. Fine Crossbred Fleece and Shears 32 to 35 micron was firm to 2 percent cheaper.

Coarse Crossbred Fleece and Shears 36 micron and coarser were generally 1.5 percent easier except the poor styles in the North Island which eased by up to 5 percent.

Coarse Long Oddments saw lifts of up to 5 percent in the South and a firm to 2 percent drop in the North. Clothing oddments weakened 3 to 6 percent with the North Island affected the most.

Wide spread competition with China, Australasia and Europe principals supported by United Kingdom, Middle East and India sparingly.

New Zealand Wool Services International Limited

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Apparel/Garments | On 20th Jan 2017

Fashion etailer Fynd to offer Yepme product offerings

Online fashion retailer Fynd has signed a partnership with Yepme,...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Silke Brand-Kirsch
Schlegel und Partner

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search