Home / Knowledge / News / Textiles / Slight improvement in New Zealand wool business
Slight improvement in New Zealand wool business
17
Aug '12
New Zealand Wool Services International Ltd reported that the combination of an easier New Zealand dollar and slightly improved business activity caused prices to generally increase across the board. 

The combined North and South Island offering comprising 13,900 bales saw a 79 percent clearance, which is the highest clearance rate this season. The weighted indicator for the main trading currencies was down 0.85 percent. Mid Micron Fleece 25 to 30.5 micron were 1.5 to 2.5 percent stronger. 
 
Fine Crossbred Fleece 33 to 35 micron were 3 to 4 percent stronger. Longer Fine Crossbred Shears increased 4 to 6 percent with the shorter types 2 to 4 percent dearer. Coarse Crossbred Fleece and Shears were firm to 3 percent dearer. 
 
A small selection of first Lambs were nominally 1 to 2 percent firmer. Coarse Long Oddments remained firm, however the shorter types were strongly contested with 2 to 4 inch wools increasing 6 to 10 percent and 2 to 3 inch up 2 to 4 percent. Widespread interest with China, India and the Middle East dominating, supported by United Kingdom, Western Europe and Australasia. The rostered sale on 23rd August has been cancelled due to poor weather stopping shearing.

New Zealand Wool Services International Ltd


Must ReadView All

Textiles | On 24th Jul 2017

Gartex all set to feature garment, textile solutions

Complete value chain of garment and textile manufacturing solutions...

Courtesy: Abercrombie & Fitch

Apparel/Garments | On 23rd Jul 2017

Abercrombie & Fitch launches products on Alibaba Tmall

Abercrombie & Fitch has announced the launch of Abercrombie & Fitch...

Apparel/Garments | On 23rd Jul 2017

NRF urges Congress to reject border adjustment tax

The National Retail Federation has urged Congress to reject a...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kevin Nelson
TissueGen

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

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

Ritu Kumar
Label Ritu Kumar

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

Sonam & Paras Modi
SVA

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts 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

July 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

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

Yes No

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

Yes No

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


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



X