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10 December 2004
The Australian Wool Market finished this week with prices 2.4% higher, on average, in Sydney, Melbourne and Fremantle.
9 December 2004
The US Association of Importers and Textile Apparel (USA-ITA), a US trade group representing retailers including J.C. Penney and Giorgio Armani, have filed a suit to stop President Bush's administration considering nine petitioned safeguard measures being imposed on Chinese imports.
16 December 2004
According to statistics released by the Chinese Customs Bureau, the aggregate volume of raw wool and top imported during September 2004 was around one fifth lower than the volume imported during August. However, it was still higher than the same month a year earlier.
17 December 2004
In the last sales before the Christmas recess, the Australian Wool Market finished this week with prices 0.1% lower, on average, in Sydney, Melbourne and Fremantle.
22 December 2004
In anticipation of the removal of quotas in less than nine days, the Indian government is considering removing constraints to the rationalisation of the highly fragmented knitwear sector.
Taiwan's wool textile industry, which is primarily export orientated, reported a second successive quarterly (Q3) improvement in processing activity.
The luxury end of the apparel market showed positive demand trends over October and into November, with fashion favouring cashmere and cashmere knitwear in particular.
Two weeks prior to the abolition of quotas in the US and EU, the Chinese Ministry of Commerce announced the adoption of a number of measures to "guarantee a smooth transition into the new textile era", including the enforcement of a specific duty on exports of some textile and clothing products.
8 December 2004
Figures released by the Australian Bureau of Statistics show the volume of Australia's raw and semi-processed wool exports rose during September, compared with both year earlier and month earlier levels.
7 December 2004
UK seasonally adjusted sales of textiles, clothing and footwear during September increased in volume terms (month-on-month), while in October a moderate fall (based on non-seasonally adjusted data) was seen for the first time since July.
6 December 2004
Australian Wool Innovation Limited (AWI) provides Monthly Market Briefing to its woolgrower shareholders to help them make more informed marketing decisions and longer-term production decisions.
14 December 2004
China's position as the major supplier of wool apparel imports into Japan was unthreatened for the first nine months of 2004, with imports from this source lifting moderately year-on-year in volume terms to account for 91 per cent of the aggregate.
23 December 2004
The total production and exports of wool from New Zealand declined significantly during the first quarter of the current season (July-September 2004). These results are in contrast to the latest New Zealand production forecast which had indicated an expected rise of almost 6% in clean weight terms during 2004/05.
15 December 2004
Looking at the key price forecasts from ABARE's December quarterly Australian Commodities bulletin:
Oil prices rose significantly between the start of 2003 and November 2004 and have continued to see-saw until December.
2 December 2004
China's annual retail sales growth, supported by rising incomes and recovering consumer confidence, lifted moderately in September compared with August.
Combined with an Italian market struggling to consume finished garments, the changing dynamics of the global textile industry has resulted in a reduction in Italy's wool textile industry size overall, the volume of domestic use or consumption at various points of the processing chain, and changes to Italy's export destinations.
The International Federation of Free Trade Union (ICFTU) has published a new report on the social impact on the global textile and garment industry of the ending of the textile and clothing quota system from 2005, entitled "Disaster looms with the ending of the quota system".