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27 May 2008
Data published by Cape Wools for the July 2007/January 2008 period shows the volume of South African wool exports (clean equiv.) was only marginally higher than 12 months ago. In comparison, the volume of Australian wool exports for the same period fell year-on-year reflecting a decline in wool production in this country. A relatively small supply of shorn wool in South Africa could be considered as one of the factors limiting a stronger rise in export volumes.
21 May 2008
While wool prices tracked at high levels in US$ for several months, the price for cotton, which competes directly with wool of 20 micron and broader, rose sharply to reach 10-year highs in early March 2008.
16 May 2008
In a better week, the Australian wool market finished 0.3% higher, on average, at sales in Sydney, Melbourne and Fremantle this week.
14 May 2008
Taiwan's wool textile industry activity during 2007 was characterised by poor results in Q1, followed by marginal advances in output for Q2 and Q3.
9 May 2008
The Australian wool market finished 2.5% lower, on average, at sales in Sydney, Melbourne and Fremantle this week.
8 May 2008
According to data compiled by the Carpet Institute of Australia, wool's share of the tufted carpet market in Australia fell in the September 2007 quarter mainly due to a surge of imports of man-made fiber carpets during 2007.
6 May 2008
Collected data shows that generally annual spending in Japan on "Interior Furnishings" increased year-on-year in 2007, driven by purchases of home electronic equipment such as refrigerators, washing machines and air-conditioners. However purchases of "Floor coverings" (carpets) remained sluggish, seeing a second consecutive year-on-year decline. Expenditure on floorcoverings was particularly weak from November, dragged down (with a lag) by the sudden drop in new housing starts last July when changes to building safety regulations came into effect.
2 May 2008
The Australian wool market continued its downward movement when it finished 1.7% lower, on average, at sales in Sydney, Melbourne and Fremantle this week.