INDIA TODAY – Radhika Bhalla Mail Today / Posted by Yashaswani Sehrawat – “The Woolmark Company hosted its first ‘Grown In Australia, Made In India’ conclave in Delhi and impressed the attendees.”
RIVERINE HERALd – Contributed – “Lamb supplies fell to a token offering of less than 900 head at Tuesday’s sale in Deniliquin, amid reports most young lambs have now been shorn in preparation for summer and autumn markets.
Most lambs were offered in small lot numbers and quality was generally plain as tail-end drafts of unshorn lambs were sold.”
YNFX yarnsandfibers.com – “Higher stock levels in the textile pipeline resulting from fashion changes mainly in Asian countries and a lower UK pound has resulted in a dramatic fall in crossbred prices the past six months. Crossbred wool prices continue to slump to a low unseen since the 2012/13 season as finer wools strike a rising market.”
PTINEWS – “New Delhi, Dec 4 (PTI) This winter when you pull out woolens from the wardrobe, you may not have to put them back in again.
Apparels made out of Australian merino wool promise not only to keep you warm during the colder months of the year, but also cool during those sultry summer days.”
ABC NEWS – by Joanna Crothers – “Australia’s largest domestic wool producer may have to close its doors because it is unable to get a new natural gas deal, potentially putting 40 people out of work.”
INTERNATIONAL BUSINESS TIMES – by Lissy Verghese – “The largest wool manufacturer in Australia may have to close its doors due to shortage of gas. The company failed to acquire a natural gas deal. It may be forced to put 40 people into unemployment.
Suppliers informed Victoria Wool Processors that they won’t be able to fulfil its business demands for next year. It needs 110,000 gigajoules of gas to heat and treat the 12,000 tonnes of greasy wool the firm produces every year, reported the ABC. Its present contract with Australia Energy ends by the end of this year.”
QUARTZ – by Marc Bain – “Socks—yes, socks—are an incredibly popular holiday gift. According to research firm NPD Group, they are the item of clothing given the most to men or women in the US for Hanukah or Christmas…”
FIBRE2FASHION – “A further 1 per cent in general was added to price levels at the Australian wool auction markets this week ending December 2. The Merino sector of all types and descriptions continued to dominate the interest of buyers, although the week saw more intense activity contract in mainly wools of 18.5 micron and finer. Chinese activity was again very much seen.”
SHEEP CENTRAL – “WOOL prices hit a five-year high this week as Chinese demand for superfine wool increased, pushing down into low spec types.”
SHEEP CENTRAL – by Terry Sim – “AUSTRALIAN Merino breeders will be serviced by 10 active sire evaluation sites next year – the largest number operating since the organised assessment of sires within farm flocks began in 1989.”