Home / Knowledge / News / Textiles / Wool prices register hike once again
Wool prices register hike once again
05
Oct '10
Hike in wool prices were registered again in the joint North and South Island sales. Coarse crossbred wools were the main focus of attention for the buyers. Full fleece was 10 percent more costly and price of second shears recorded a rise by another 13 percent.

Price of fine crossbred fleece was 5 percent higher whereas the shorter varieties recorded a hike between 2 to 11 percent. Merino wool, especially the 19-micron and the finer ones, were sold for 6 percent more prices but the coarser wool varieties recorded a fall in prices between 3 to 6 percent.

The prices of mid micron fleece varied by five percent against prices set by the wool producers. Out of the 20,000 bales of wool on offer, over 90 percent were sold. The unsold wool mostly belongs to the category of mid-micron and coarser merino variety.

The current week's wool sale has been called off because of existing wool shortage which has been further intensified by the bad weather conditions which has interrupted the shearing process. Another joint North and South Island sale will be organized within a fortnight's time.



Fibre2fashion News Desk-India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Kerem Durdag
Biovation II LLC

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ritu Kumar
Label Ritu Kumar

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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