Home / Knowledge / News / Textiles / New Zealand wool market holds firm
New Zealand wool market holds firm
01
Mar '12
New Zealand Wool Services International Ltd (WSI) reported the South Island offering of 8,400 bales saw a generally firmer market this week and an 89 percent clearance rate. The weighted indicator for the main trading currencies strengthened slightly by 0.39 percent compared to the last sale on 23rd February, having minimal impact.

A rise in customer activity in recent days has seen a previous flat market steady with some sectors showing strong activity, although there are wool types that are still struggling for support. Fine Crossbred Fleece and Shears were firm to 2.5 percent stronger with steady Chinese interest. Coarse Full Fleece was well supported with levels remaining firm to 3 percent stronger.

Longer Shears, which were pressured last sale eased back by up to 2 percent. Shorter Shears were firm to 3 percent dearer. Fine Lambs Fleece eased slightly with the longer coarser types firm to 3 percent stronger. All oddments were 1.5 to 4 percent dearer. Well spread competition with China, Western Europe and India principals supported by Australasia, Middle East and United Kingdom.

New Zealand Wool Services International Ltd

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Mike Hoffman
Gildan Activewear SRL

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


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