In its October monthly market report AWI (Australian Wool Innovation) looks at the decline in supply of wool at auctions –  a trend since April this year. Volumes offered for the season to date is down 22.7pct year-on-year, equating to about three-weeks of supply. Reduced offerings have been more prevalent in Western Australia, trailing last season by 30.2pc. In eastern Australian states, the decline is 21.2pc. A... Read More

For many years wool has been one of Uruguay’s main export products. From 2004 to 2023, the primary categories in wool exports were wool tops (61.6%), greasy wool (21.6%), and scoured wool (16.8%), with percentages calculated based on the total equivalent of greasy wool’ says José Luis Trifoglio of Estancias Puppo SA. Over the years, with the relocation of various industries around the world and a decline in produ... Read More

Australian woolgrowers have voted to keep a levy of 1.5% on wool sales to fund research, development and marketing of the natural fibre. Growers were given four options to choose from: 0%, 1%, 1.5%, and 2%. Before preferences were allocated, 37.85% of votes favoured a rate of 2.0%. The next highest option was a 1.5% rate, with 37.35% support. After preferences were distributed, 56% of votes favoured the 1.5% l... Read More

The final sale before the 2024 Christmas recess was held this week, with a large offering of 14 243 bales, after 1 922 bales were withdrawn prior to the sale. Although the average micron of the offering was slightly higher than the previous sale, 65% of the offering tested 20 micron and finer, with sustainably certified wools comprising 51,2% of the merino wools on offer. The market delivered better results to... Read More

Prices for almost all Merino types and descriptions gained value at this week’s Australian wool auctions. Whilst buyers were aided by a cheaper Australian dollar (AUD) foreign exchange (forex) rate against the US dollar (USD), some smatterings of new Chinese business, export traders forward commitments requiring filling and some stronger European buying all combined to initially solidify the market. Following thi... Read More

According to the latest data released by the General Administration of Customs, China’s textiles and apparel exports saw rapid growth in October. In CNY-denominated terms, China’s textiles and apparel exports totalled 1.76 trillion from January to October, up by 3% over the same period last year. Among them, textile exports reached 829.52 billion yuan, increasing by 5.8% year-on-year; apparel exports were 932.75 ... Read More

The Australian Wool Testing Authority (AWTA) tested 334.7 million kilograms (mkg) of Australian greasy wool for the recently completed 2023/24 season, which is a drop in production of 3.8% compared to the previous season’s 348.0 mkg. Given the Australian Wool Forecasting Committee has forecast a 5.8% drop in production for the current season, this suggests the AWTA key test data will total about 315 mkg for 2024/... Read More

ITMA ASIA + CITME attracted visitorship of about 90,000, with strong local attendance. The visitors came from 111 countries and regions. Eighty-seven per cent of the visitors were from China. Local visitors came from 31 provinces and cities. Jiangsu, Zhejiang, Shanghai, Guangdong, Shandong, Fujian, Hebei, Henan, Anhui and Hubei ranked in the top ten, demonstrating the strong vitality of the textile industry in these... Read More

A new Australian Wool Innovation (AWI) co-funded project aims to use nanotechnology to develop a tea tree oil biopesticide that provides prolonged, safe and residue-free flystrike protection for sheep. The project has been launched in response to the emergence of chemical resistance in sheep blowflies. This is compromising the effectiveness of current sheep flystrike chemical control options, plus there is potent... Read More

One of the most popular sportswear brands in Japan, Goldwin, has launched a range of Woolmark-certified T-shirts made from an innovative wool blend yarn from leading Japanese spinner Nikke, with support from The Woolmark Company. With the aim to foster the use of Merino wool sporting apparel by runners in Japan, The Woolmark Company launched a joint marketing campaign in March with the Goldwin sportswear brand fo... Read More

Air wellness pioneer Blueair in US takes another step forward in its mission of clean air for the next generation by announcing a ground breaking partnership with Lanaco, a New Zealand-based wool filter company. Together, they have embarked on the industry’s first initiative to develop a range of high-performance electrostatic wool and plant fiber-based filters. This initiative focused on air wellness —a crucial ... Read More