The Australian Wool Production Forecasting Committee’s (AWPFC) released its forecast on 16 August 2024. Its estimate of shorn wool production for the 2023/24 season is 318 million kilograms (mkg) greasy. This is 3.1% lower than the 2022/23 estimate and a 6 mkg greasy downward revision of the April forecast. 2024/25 forecast is 285 Mkg Greasy. Committee Chairman, Stephen Hill said that “the deterioration in season... Read More

The report says at the end of July, prior to a three-week recess, Australia’s wool market closed on a positive note with the benchmark Eastern Market Indicator (EMI) rising 17 cents. This was the second highest weekly gain for the year-to-date, brought about mainly by currency movement trending downwards allowing for some strong purchasing from Chinese indent buyers. Japan also re-entered the market with support dir... Read More

Beef and Lamb New Zealand (B+LNZ) has released its annual stock number survey, showing a notable decline in both sheep and cattle numbers in the first half of 2024. The reduction follows significant decreases in the past couple of years. While the primary driver in previous years has been land use change as a result of the conversion of sheep and beef farms into forestry, B+LNZ determined that this year’s primary... Read More

The 2nd sale of the 2024/25 wool season took place, with a smaller offering of 5 454 bales, after 400 bales were withdrawn prior to the sale. Less than 50% of the offering consisted of long length wools, with sustainably certified wools comprising 56,7% of the merino wools offered. The strong SA currency, coupled with a struggling Australian market, continued to exercise downward pressure on today’s sale. S... Read More

The market was generally easier. The South Island was only selling offering 7,885 bales. The selection consisted of 40% crossbred fleece mostly good colour, 75-150mm, 10% half bred fleece good colour, 20% good colour crossbred shears, 4% merino fleece good style, 20% oddments good/average colour and 6% miscellaneous types.  Main competition still focused on Europe and India, supported by the United Kingdom, local mi... Read More

The Campaign for Wool is honoured to announce HM The King remains as The Patron, supporting the Campaign and its educational activities and events to remind the world of wool’s support for the planet and its natural, renewable and biodegradable properties. The Campaign for Wool was HM King Charles’s personal initiative when he was The Prince of Wales in 2008 and was officially launched in 2010 in a bid to assist ... Read More

British Wool has launched a new initiative to showcase the best in British wool fabric, working with 16 of the leading cloth manufacturers across Europe.  The Cloth Sourcing Guide provides a comprehensive overview, simplifying the process for buyers and designers interested in incorporating British wool into their projects. The range includes cloths from Harris Tweed Hebrides, Lochcarran of Scotland, Fox Brothers... Read More

NZ Wool Impact takes up strong-wool cause In a move to significantly increase demand and value for NZ strong wool products, Wool Impact, tasked with rebuilding NZ’s strong wool industry, has engaged Gensler, the world’s leading architecture, design, and planning firm, to conduct a market study focused on wool’s positioning, relevance and opportunities for growth within the global architecture and design (A&D) ind... Read More

The Australian Wool Innovation (AWI) project to develop a new opportunity for the biological harvesting of wool is progressing well, with four organisations now contracted to develop ways to harvest the wool above the weakened zone via a device that applies a force to separate the wool from the body of the sheep. This second phase of the project follows on from the first phase, in which researchers from the Unive... Read More

In a forward-thinking collaboration, The Woolmark Company and Sydney-based Caon Design Office have created a revolutionary aircraft seat design that reimagines the future of premium cabin travel and features a 3D knitted wool blend membrane. The innovative design concept, Modulo, challenges the status quo of aircraft cabin interiors by addressing key issues such as weight reduction, sustainability, and the need f... Read More

New Zealand actor Sir Sam Neill has joined the Campaign for Wool NZ as an ambassador, lending his name and profile to educate and advocate for New Zealand strong wool. Neill’s decades-long career has made him a household name in New Zealand and around the world. He has starred in more than 150 films, documentaries and television shows and was knighted in 2022. But behind the scenes, Neill is also an enthusiast... Read More

The monthly comparisons of Total Lots, Bales and Weight tested for July 2024 compared with the same period last season are:+8.1%, +10.7% and +11.3% respectively. AWTA Ltd has tested 17.4 mkg (million kilograms) this season compared with 15.6 mkg for the equivalent period last season.  Download: AWTA Key Test Data 2024 07  View: AWTA Analytics Read More

Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.

Reach buyers in 58 countries – advertise in wool2yarn global magazine. Published once each year (September) it is circulated to over 5000 textile companies. Readership includes importers of wool and speciality fibre, topmakers, spinners and weavers, manufacturers of yarn, knitwear, carpet, and blankets, producers and importers of fabrics, bedding products, garment manufacturers, and brands and retail chains. See more.