Latest Wool Trading News - August 2026
The global wool industry has lost one of its most respected voices with the passing of Peter Ackroyd MBE (1949–2026). A towering figure in the international wool and textile industry, Peter devoted more than 50 years to advancing the interests of wool. He served as Chairman of the Campaign for Wool, President of the International Wool Textile Organisation (IWTO), and Global Strategic Advisor to The Woolmark Compa... Read More
Following improved seasonal conditions driven by widespread rainfall across southern Australia, sheep producers are increasingly looking to retain and rebuild flocks, supported by historically strong sheepmeat prices, strengthening wool markets and a tighter national sheep supply. MLA Senior Market Information Analyst Emiliano Diaz said the May 2026 survey captured a notable change in industry confidence. “Wha... Read More
Combined North and South Island National Sale this week with an offering of 9,200 bales. Selection consisted of 45% crossbred fleece, good to average colour, 33% crossbred second shear, mostly good colour, 5% crossbred lambs, good to average colour, 13% associated oddments, 4% halfbred fleece. The New Zealand market continues to soften with another negative correction on the back of the gains over the last two... Read More
A major milestone for Standard Wool is unfolding as the first pieces of its brand-new wool scouring equipment have begun arriving at its factory. This investment represents the next phase in expanding wool processing capabilities and reinforces its commitment to supporting the British wool industry with modern, efficient and high-capacity scouring facilities. The arrival of the new machinery is the result of mont... Read More
Vietnam is facing higher U.S. duty rates compared to its regional rivals, raising concerns over potential impacts on the competitiveness of the Vietnam garment industry. As the leading supplier of clothing to the United States, the nation was excluded from a newly announced program designed to lower trade duties on select textile shipments. The federal policy change, outlined in a Federal Register notice publishe... Read More
Hand In Hand, Weave A Better Future is the theme of the 37th Nanjing Wool Market Conference (NWMC), which will take place from 18–20 September 2026 at the DoubleTree by Hilton Yancheng Dayangwan, Jiangsu Province, China. Recognised as China’s leading and longest-running international wool conference, the Nanjing Wool Market Conference has become one of the most influential events on the global wool calendar. Each... Read More
The Boards of the Australian Wool Exchange (AWEX) and the Australian Wool Testing Authority (AWTA) have agreed to commence formal discussions to explore a potential merger of the two industry-owned organisations. The decision reflects a shared commitment to exploring opportunities to streamline operations and strengthen industry services, with the goal of delivering greater value to industry participants. Both Bo... Read More
The annual B+LNZ Stock Number Survey shows sheep and cattle numbers in the national flock and herd are on the rise. Sheep and beef numbers are on the rise indicating recovery in the national sheep flock and the national beef cattle herd. Beef + Lamb New Zealand (B+LNZ) recently released their its annual Stock Number Survey which provides an assessment of the stock numbers between June 30, 2024, and June 30,2025. ... Read More
General wool testing fees will increase by 8%, effective 1 July 2027. This adjustment reflects the substantial rise in inflation and energy costs, directly impacting testing operations. The concurrent decline in wool volumes is also a contributing factor. Regardless, AWTA remains committed to providing high-quality service at minimum cost to the wool industry, as illustrated below. The total cost for testing... Read More
This July marked a remarkable milestone for the SIL Group as Chief Executive Officer Andrew Seal celebrated 50 years in the family-owned textile business, the past 30 years as MD/CEO helping transform a traditional Yorkshire enterprise, into an internationally respected textile group with customers and suppliers in more than 50 countries. Headquartered in West Yorkshire, the SIL Group employs almost 200 people ac... Read More
The monthly comparisons of Total Lots, Bales and Weight tested for June 2026 compared with the same period last season are: +1.8%, -2.3% and -2.2% respectively. The progressive comparison of Total Lots, Bales and Weight tested for July 2025 to June 2026 compared with the same period last season are: -6.0%, -8.0% and -8.0% respectively. AWTA Ltd has tested 271.7 mkg (million kilograms) this season compare... Read More
Texhibition Istanbul Fabric and Textile Accessories Fair returns from 9–11 September 2026 at Istanbul Expo Centre, bringing Türkiye’s textile production strength, selected manufacturers and new-season collections together on one international platform.The 10th edition of Texhibition Istanbul will welcome buyers, brands, designers, sourcing professionals and industry decision-makers seeking reliable production partne... Read More
