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Insight5 Dec 2016At this week's New Zealand wool sale, held on December 1, 4,700 bales on offer saw a 74% clearance with mixed results.
Insight5 Dec 2016The Australian wool market continued its recent upturn this week.
Weekly analysis of the Australian Wool Market by Chris Wilcox, Executive Director of the National Council of Wool Selling Brokers of Australia.
Insight28 Nov 2016The rise in dollar continues to place downward pressure on the dollar value of textile fibres and yarns. Most cotton yarns in China have remained stable in terms of yuan relative to the week before, but dropped 0.44% in terms of dollars. Cotton Combed 32s and Cotton Combed 40s both increased 0.4% and 0.38% respectively in terms of yuan, but fell 0.05% and 0.06% in terms of dollars. Viscose price in China rose 0.07% in terms of yuan, relative to the week before – the first increase in more than a month. The price increase in terms of yuan was not enough to compensate for the drop in dollars, thus viscose staple fibres fell 0.38% in terms of dollars when compared to the week before. Polyester prices in China have been positive this week relative to the week before. In India, the strong dollar has suppressed dollar prices in the market for cotton yarns.
Insight28 Nov 2016The 5-day average cotton fibre price rose 1.32% to Rs 6,150 per 37.32 kg in the week ending the 25 November, from Rs 6,070 the week before. On Monday, prices stayed the same relative to Friday the week before at Rs 6,150, and remained so until 25 November.
