by TANVI_MUNJAL | Oct 16, 2023 | Fabrics & Processing, News & Insights
Iinouiio is the only company in the UK that can recycle textiles. It was bought last year by Mirfield’s global textile firm Camira. Because of this, a new circular, high-end wool fabric was created. It will be revealed during Wool Month in October 2023. Campaign...
by Manali bhanushali | Jun 25, 2021 | Industry And Cluster, News & Insights
The Eastern Market Indicator (EMI) increased by 24 on the first day of sales but decreased by 4 on the second day of sales to complete the week at 1468. The Australian dollar fell again this week to US$0.7546, while the EMI in the US rose 4% on the previous week to...
by Millionaires | Aug 5, 2020 | Industry And Cluster, News & Insights
Industry experts will be watching the first wool sales after the winter recess with interest, fully expecting it will remain volatile due to the COVID-19 pandemic. Nutrien Wool South East Australia region manager Stephen Keys said there was solid demand for the final...
by Millionaires | Jul 29, 2020 | Industry And Cluster, News & Insights
A South Island wool broker says the state of the wool market is terrifying with prices the lowest they have ever been. PGG Wrightson Wool South Island sales manager Dave Burridge said there was reluctance from overseas customers to fully commit to pre-lockdown...
by Millionaires | Jul 15, 2020 | Industry And Cluster, News & Insights
Australia and South Africa enter the annual winter auction recess this week with their wool markets on a firm note, providing a glimmer of hope that when auctions resume in August things may be a little better. In both countries, wool prices rose by 1.8 per...
by Millionaires | Jul 11, 2020 | Industry And Cluster, News & Insights
Some solid demand was evident in the Australian wool market as buyers attempted to fill orders before opportunity becomes limited due to the annual mid-year three-week recess. Continuing the positive start to the selling season, the AWEX Eastern Markets...
by Millionaires | Jun 25, 2020 | Industry And Cluster, News & Insights
Even with only a miniscule 15,800 bales being offered at national auctions last week, the Australian wool market was a luck-lustre affair. Prices for superfine Merino fleece eased by 15 cents a kilogram and medium Merino values fell 50c/kg – dragged down...
by Millionaires | Jun 15, 2020 | Featured, Industry And Cluster, News & Insights
After two weeks of small but positive lifts, the Australian wool market again slipped last week, with general losses recorded across most micron categories. The AWEX Eastern Market Indicator (EMI) fell by 12 cents to close at 1171 cents per kilogram, clean. In...