Home / Knowledge / News / Textiles / Prices of 32 micron & poor style fleece wool remain firm
Prices of 32 micron & poor style fleece wool remain firm
06
Nov '08
The 8,700 bales on offer of the Napier wool Auction this week saw prices ease. The Strengthening NZ doller Compared to our main trading currencies resulted in the Wool Weighted currency indicator lifting two percent, which is a negative factor for local price levels.

The continuing world economic problems created additional downward pressure with most types softening by more than the currency influence.

Only the 32 micron and poor style fleece sector remained firm as a result of limited availability. The rest of the fine crossbreds and Hogget wools softened between 2 and 3.5 percent with the short end reducing by up to 5 percent.

Coarse Crossbred Fleece and Shears dropped by 3 to 4 percent except the small offering of poorer styles, which only eased by 1.5 to 2.5 percent.

Crossbred oddments came back 3.5 to 5 percent with the shorter types affected the most.

Main interest came from Australasian Carpet Mills, China and India with limited activity from Western Europe and the Middle East.

For more detail click here:

New Zealand Wool Services International Ltd


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

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

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

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...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Yash P. Kotak
Bombay Hemp Company

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search