Home / Knowledge / News / Textiles / New Zealand Wool market in firmer tone
New Zealand Wool market in firmer tone
01
Jun '12
New Zealand Wool Services International Limited reports that 10,200 bales of North Island wool on offer this week comprising 68 percent of Short Second Shear wools saw a generally firm tone and a 76 percent clearance.

The weighted indicator for the main trading currencies lifted by 0.48 percent with minimal impact on the market.

The US Dollar rate remained unchanged compared to the last sale in the South Island on 24th May. Compared to the 24th May sale, Fine Crossbred Fleece and Shears 33 to 35 micron were 2 percent dearer.

Due to the far larger volumes of Second Shear wools available this week (68 percent) compared to last week's minimal South Island offering (6.7 percent) direct market comparison is practically impossible this week. Compared to last North Island sale on 17th May, Coarse Full Fleece and longer shears were 2 to 7 percent stronger with the shorter types remaining firm.

First Lambs were in solid demand, lifting by 2 to 5 percent. Short Oddments remained comparatively firm. Limited competition with China, United Kingdom and Western Europe dominating, supported by India and the Middle East.

New Zealand Wool Services International Limited

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

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

Silke Brand-Kirsch
Schlegel und Partner

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search