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.
An innovative washable touchless technology now allows users to interact with textiles and apparel simply by pointing a finger over…
Technosport has partnered with textile machinery manufacturer Karl Mayer to enhance its production capabilities using cutting-edge Tricot machines.
The Department of Science and Technology has partnered with Bayo Manila Inc. under the DOST CRADLE Program to launch the…
AGC Chemicals and DRYFIBER, LLC have announced the development of non-fluorinated oil and water repellent for nonwoven fabrics and technical…
Schuh has partnered with Conscious Creative Unit and Are You Mad to repurpose post-consumer waste materials into functional and artistic…
Fashion for Good and TMC have launched of 'Behind the Break: Exploring Fibre Fragmentation,' a study aimed at identifying key…