Home / Knowledge / News / Textiles / Canadian buyer tops wool auction

Canadian buyer tops wool auction

05
Jan '11
Viterra Wool, a commodity trader from Canada has maintained its rank as the leading auction-room purchaser. Viterra has purchased 99,697 bales which constitute 11.4 percent of the overall clearances of 972,009 bales in the first half of the marketing season, 2010-11.

Merino fleece accounted for a major share of the purchases made by Viterra, which is over 85 percent. Viterra was at the forefront of the auction with Rod Franklyn's Techwool Trading following next, which has purchased 85,633 bales. Here it is worth mentioning that if the overall wool purchases of Techwool included the wool from Western Australia purchased through a negotiator it would have been in a same position as Viterra.

Though AWEX maintains a record of 60 auction-room purchasers or exporters but 70 percent of the total purchases are made by only the leading 10 purchasers. The other purchasers included in the top 10 list in the order of their ranking are Chinese exporter Williams Wool, Australian trader Fox & Lillie, Queensland Cotton, Lempriere Australia, PJ Morris Wool, Kathaytex, Modiano and Elders Wool International.

Both Techwool as well as Fox & Lillie were the leading purchasers of crossbred wool. Williams Wool and Modiano dominated the auction of Merino skirtings, while Michell Australia and Techwool were biggest purchasers of oddments.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Pic: GBG USA

Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

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 2021

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


Advanced Search