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auction+prices
2015-03-10 15:00:00
Wool exporters seeking change in selling method of wool
The auction system has been the prime method of ownership transfer and price discovery in Australia for about 130 years But now wool exporters in northern New South Wales want industry to rethinks
2015-02-20 13:00:00
China to invest billions of dollars in textile factories to create 1mn jobs by 2023
China has assured to end a costly stockpiling program that has artificially exaggerated cotton prices. The Xinjiang Production and Construction Corps (XPCC) reluctant to accept the current weak
2014-08-04 16:30:00
Indian yarn shipment plunged 20% over lesser demand from China and Pakistan GSP status
Indian yarn shipment plunged to about 100 million kg in April and, according to industry estimate, further to 90 million kg each in May and June, after clocking average monthly exports of about 120
2014-04-03 15:25:00
AWI backing up Vietnam to develop wool products
Australian Wool Innovation (AWI) is familiarizing Vietnamese manufacturers to its wool products as many of the Vietnamese companies had not used wool until two year ago. A couple of knitters thought
2014-03-25 15:50:00
Policy change China to cut sale price for cotton from its strategic reserve
From 1 April, the Chinese government will accept bids as low as 17,250 Yuan a ton for standard-quality cotton in its daily auction. This will be 4.2 percent below the current floor price of 18,000
2014-02-24 15:25:00
Flux in currency created uncertainty in wool market
The flux performance in US exchange rate last week against the Australian dollar impacted the market and resulted in significant price dips across all selling centres. Also movements in the currency
2014-02-18 16:35:00
Wool market taking a sudden wilt
The wool market has taken a sudden slump. The main setback has been China being reluctant to buy due to cuts in Government spending with volatile consumer confidence. Up to 80 per cent of Australia's
2014-02-12 13:45:00
Drought affecting quality wool
This week about 10,000 bales of Tasmanian wool is up for auction in Melbourne. Morover, the sales happen together with a lot of drought-affected fleece flooding the fine wool market said,
2014-01-23 11:35:00
Weekly cotton buys hit three-month low in China
Cotton stockpiling by China, the world's top cotton buyer is a driver of global prices. China's state cotton stockpile reached 5.5 million tonnes by the end of last week, after the country bought
1969-12-22 00:00:00
Australian cotton growers double planting this season
Australian cotton growers double their plantings this season with cheap water, strong overseas demand and attractive cotton prices. Prices have steadily climbed throughout the year, the second
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