Home / Knowledge / News / Textiles / Prolonged drought can disrupt New Zealand wool supply
Prolonged drought can disrupt New Zealand wool supply
26
Mar '13
New Zealand is facing its worst drought in decades and economic confidence is plummeting to a new low in drought-stricken areas, including the North Island and the South Island.
 
If the drought situation continues, it would adversely affect wool supply, New Zealand Wool Services International general manager Mr. John Dawson, has said, according to Radio New Zealand.
 
Mr. Dawson said prolonged drought can also affect the colour and the quality of wool clip, which would generally become finer and weaker.
 
As a result of prevailing drought condition, wool growers might become reluctant to shear, fearing an increase in appetite of animals once they are sheared. The increase in appetite could be a problem in view of feed shortages due to drought, Mr. Dawson said.
 
Explaining further, he says, a severe drought might also lead to killing of capital stock, which would immediately result in more wool, but at the same time a decline in wool volumes in the following seasons.
 
New Zealand’s wool price indicator is currently at the same level as it was at the end of last season in June 2012.
 
Mr. Dawson said if the wool supply decreases owing to drought, then it would lead to an increase in prices by the end of the current season in June 2013.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

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

Kerem Durdag
Biovation II LLC

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

Ritu Kumar
Label Ritu Kumar

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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