The value of nearly all wool lifted at last week’s combined North and South Island sale, by up to 5% for cross-bred fleece and 7% for lambs’ wool, regardless of the negative impact of a stronger New Zealand dollar on export returns.
Limited supplies of New Zealand wool is helping to keep auction prices on the boil at the first sales of the New Year.
The shortage led to the first South Island sale of the year being cancelled.
This week’s sale will be another light one, with a bit over 14,000 bales of North and South Island wool rostered for auction.
Exporter New Zealand Wool Services International says that’s due to a combination of renewed interest from buyers and the restricted supplies still coming through for auction.
Nextevo has introduced its 100% chemical-free pineapple leaf fiber to the global market, highlighting its sustainable qualities and versatile applications.
Benin is positioning itself as a new center for sustainable textile production, backed by the Aid by Trade Foundation’s (AbTF)…
Teijin Frontier has announced Octair, an advanced polyester insulation fiber designed for bedding and apparel, making it ideal alternative to…
Gebrüder Otto has partnered with the Recycling Atelier at ITA Augsburg to create cotton towels using yarns made from 50%…
Scientists have found a way to turn textiles into energy sources by creating a unique silk thread coated with a…
The LYCRA Company has introduced its newest advancement for pantyhose waistbands, called LYCRA® TOP COMFORT fiber.