Home / Knowledge / News / Textiles / Variable price movements in NZ wool market
Variable price movements in NZ wool market
09
Feb '12
New Zealand Wool Services International Ltd reports that North and South Island auction this week comprising 20,000 bales saw an 81.6 percent clearance with a wider spread of buying activity. The weighted indicator for the main trading currencies was practically unchanged up only 0.08 percent compared to the last sale on 2nd February. Again, there were variable price movements between selling centres with the North Island selection attracting stronger competition, keeping most prices firm.

A nominal offering of Mid Micron wools 28 micron and finer were 1 percent cheaper with the coarser end 28.5 to 31.5 micron firm to 2 percent dearer. Fine Crossbred Fleece in the South ranged from 1.5 to 3.5 percent easier with the same types in the North remaining firm.

The Fine Crossbred Shears in both Islands were firm to 2 percent cheaper. Coarse Crossbred Fleece was firm to 3 percent softer with the South Island selection easing the most. The bulk of the Coarse Shears remained firm apart from the longer and very short types in the South Island which weakened around 2.5 percent.

First Lambs were up 1 percent in the South, however came under considerable pressure in the North, lifting by 5 to 8 percent. Oddments attracted wider interest this week ranging from firm to 8 percent dearer, except the shorter types in the South which eased 1.5 to 4 percent. Wide spread competition with China, Western Europe and Australasia principals, supported by United Kingdom and the Middle East.

New Zealand Wool Services International Ltd


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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