Home / Knowledge / News / Textiles / Strengthening NZ$ does not dampen wool prices
Strengthening NZ$ does not dampen wool prices
25
May '09
Wool prices showed positive trends and bucked the strong New Zealand dollar in Napier last week. The NZ$ has strengthened by 1 percent against the currencies in which wool trading is normally conducted.

Fine and coarse cross bred wool fleece gained by nearly 2-6 percent on the back of an increase in demand, however, shears and short lambs wool fell by nearly 4 percent, despite demand also being seen in these categories.

Sales were good with nearly three-quarters of 10,000 bales put on auction were sold off. The next auction which is expected to take place in 15 days will have nearly 26,000 bales and will be a mix of North and South Island wool.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Textiles | On 17th Jul 2018

Trade wars could depress medium-term growth prospects: IMF

The recently announced and anticipated tariff increases by the US and ...

Courtesy: Mat Brown from Pexels

Textiles | On 17th Jul 2018

India increases import duties on textiles & apparel

The Government of India has increased basic customs duty on several...

Luis Quijano

Textiles | On 17th Jul 2018

US varsity student cultivates bacterial cellulose in lab

Luis Quijano, a student at the Liberty University in Lynchburg,...

Interviews View All

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Suresh Patel
Sidwin Fabric

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

Larry L Kinn
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search