Home / Knowledge / News / Textiles / SA expects China to import more wool this season
SA expects China to import more wool this season
27
Aug '12
As the new wool season begins, South African wool producers are quite optimistic about China enhancing its imports.
 
Presently, China accounts for about 48 percent of South Africa’s (SA’s) total wool export value, Cape Wools SA, a not-for-profit service company set up and owned by South African wool farmers and other industry groups holding membership of the Wool Industry forum in South Africa, said.
 
The company said this year the position is that all wool from Rift Valley Fever (RVF)-free areas qualifies for export to China.
 
South Africa’s Department of Agriculture, Forestry and Fisheries and the Chinese Government are also discussing on trimming down the waiting period for export of unprocessed wool from RVF-hit districts to three months, the company noted.
 
Presently, as stipulated by the Department, the three-month waiting period would start from the date when a district is officially declared as free from disease, while China has consented that the same can start from three months after the last reported outbreak.
 
During last season, over 280,000 bales were offered for auction sale, which realised a sale-value of about US$ 279 million.
 
However, given the current financial situation in the US and the Euro-zone countries, uncertainty prevails over the current season’s expectation.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

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

Ritu Kumar
Label Ritu Kumar

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

Yash P. Kotak
Bombay Hemp Company

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

Judy Frater
Somaiya Kala Vidya

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

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