SHEEP CENTRAL – “WOOL market stability led to further online buying on the Wooltrade platform last week, with 248 bales traded.”
BRANDEQUITY – “The Woolmark Company is exploring the large market in India for wool by tapping the potential in sports wear and yoga sector, a top company official has said.”
THE TIMES OF INDIA – by M Allirajanl – “Coimbatore: Garment makers in Tirupur, the knitwear capital of India, are looking at the possibility of diversifying their product base by using woollen yarn to make wool-blended fabric, woollen casual wear and sportswear.”
FIBRE 2 FASHION – News Desk India – “The Woolmark Company, a global authority on merino wool, is exploring the Indian market for wool by tapping the great potential in sportswear and yoga sector, according to a top official of the company.”
THE EXAMINER – by Toli Papadopoulos – “Sheep exhibitions, shearing and Midlands wool fashion were standout features of this year’s Campbell Town Show, as thousands gathered to enjoy the festivities on Saturday.”
THE HINDU BUSINESS LINE – by L N Revathy – “A handful of manufacturers in the traditionally cotton-based product-making hub have already forayed into wool.
Garment manufacturers in Tirupur are exploring the possibility of enlarging their market with the use of woollen yarn and wool-blended fabric in the manufacturing process. The foray into wool-based products though may take a while.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 3 June 2016 (Week 49)
THE INVERELL TIMES – by Michele Jedlicka – “HE is confident, a handsome brick on legs, looking like a bloke who’s done a full day’s work, and for the girls around him, a little like Brad Pitt.”
NZ FARMER – by Jennifer Eder – “A sheep rustler has made off with a truckload of merino sheep from a farm in Marlborough.
A farmer from the upper Wairau Valley discovered 83 merino wethers were gone when he went to muster the mob in May.
He had about 400 sheep on a back block before some of them went missing.
Rural constable Beau Webster said it was hard to pinpoint when the sheep had been taken as the farmer only brought them in once or twice a year for drenching.”
FG INSIGHT (UK) – “Like most agricultural commodities, wool has seen a knock on prices in the last 12 months. A slowdown in demand from China, the strength of sterling relative to the New Zealand dollar, falling oil prices and the impending Brexit vote have provided a combination of factors which new British Wool Marketing Board (BWMB) chief executive Joe Farren said had contributed to the drop in prices from 105p/kg in 2015 to 83p/kg this year.”