You are here:
20 May 2004
The price relativity of wool to cotton and synthetic fibres is moving back in line with long-term averages.
A report on global fibre trends published by the Economic Intelligence Unit (EIU) estimates that global man-made fibre production grew more slowly during 2003 than in 2002. Synthetic fibre output, especially polyester, accounted for most of the man-made fibre growth during 2003.
14 May 2004
The Australian wool market steadied this week to end 1.9% higher on average at sales in Sydney, Melbourne and Fremantle.
12 May 2004
Retail apparel sales in Korea dipped in March, with retailers reporting moderate sales declines compared with the same month in 2003.
France's imports of woven apparel fell by 12% and 8% in value from Morocco and Tunisia respectively in 2003, negatively affecting the French weaving industry. The decline in activity by North African makers-up caused a reduction in total French woven fabric exports of 11% in value terms, with 10% and 17% reductions by Tunisia and Morocco respectively (France's two largest customers).
7 May 2004
The Australian wool market fell again this week to finish 1.6% lower on average at sales in Sydney, Melbourne and Fremantle.
Russian textile mills ended 2003 on a less than positive note with rising raw material costs and a stronger rouble exerting intense pressure on the domestic market. Production costs increased significantly in 2003 due mainly to a surge in cotton prices (the dominant fibre in the Russian textile industry).
4 May 2004
Changes in the profile of the Australian national wool clip, both in terms of production totals and the micron profile, over the last 13 years have had a significant effect on the global wool textile industry.
3 May 2004
Some improvements in consumer confidence combined with economic recovery helped boost apparel retail sales in some key wool consuming countries over the past few months, while other markets remained subdued.
Highlights from the May edition of Monthly Market Briefing:
28 May 2004
The Australian Wool Market fell this week to finish 0.9% lower, on average, at sales in Sydney, Melbourne and Fremantle, against a significant rise in exchange rates.
26 May 2004
According to statistics released by the Chinese Textile Statistics Centre, the aggregate value of production of wool textile products lifted in the first two months of 2004 compared with the same period in 2003. Total sales for the period also lifted.
A major force driving the Turkish economy forward, textile and clothing production accounts for 10% of national GDP, 17% of all industrial production and 20% of employment.
21 May 2004
The Australian strengthened this week to finish 2.9% higher on average at sales in Sydney, Melbourne and Fremantle.