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2 August 2005
According to China Customs Service data for April 2005 and for the four months to April, total wool product exports from China recorded positive year-on-year gains in both weight and value (US$) terms.
3 August 2005
Despite creeping declines in value of production, industry employment and exports of textiles and apparel since 2001, many analysts and industry players view a shake-up of the Italian manufacturing industry positively.
4 August 2005
Supply of Australian medium merino wool (20-25 micron) is well below the levels of the past 20 years or more.
5 August 2005
The downward pressure seen in Melbourne in the last week before the break continued into the opening sales when the Australian wool market finished this week with prices 3.0% lower, on average, at the sales in Sydney and Fremantle.
9 August 2005
One of the key drivers of movements in wool prices in the past 18 months to two years has been exchange rates, particularly movement of grower country currencies against the US$.
Consumption will be key to economic growth in China as exports suffer from more foreign trade frictions, Zhu Baoliang, chief economist of the State Information Center, said Tuesday (9 August).
China's textile industry is in urgent need of a technological upgrade, an investigation by the Ministry of Commerce has revealed. Out of 84 categories of textile goods in China, 86.9 per cent are oversupplied, it said.
11 August 2005
At spinning stage, Korea's wool usage in yarn production was up in Q1 2005, compared with Q1 the previous year.
10 August 2005
AWTA statistics show that for the full season in 2004/05, fine wool tested volumes rose strongly compared with the 2003/04 season.
12 August 2005
The Australian Wool Market finished this week with prices 1.4% lower, on average, at the sales in Sydney, Melbourne and Fremantle.
16 August 2005
During the first five months of 2005 China imported significantly more raw and semi-processed wool compared with the same period a year earlier.
17 August 2005
Import data released by the US Office of Textiles and Apparel (OTEXA) shows US imports of apparel and textiles from China for all fibre categories for the first five months of 2005 lifted by outstanding levels.
Japan Wool Textile Co is to increase the wool yarn production capacity at its Jiangsu Province spinning mill, reported Nikkei. The company is also expanding its wool cloth facility in Qingdao, Shandong Province.
US-based textured yarn producer Unifi is launching new all-in-one (AIO) performance yarns for the outdoor and athletic market.
19 August 2005
The Australian Wool Market finished this week with prices 1.1% lower, on average, at the sales in Sydney, Melbourne and Fremantle.
18 August 2005
China Customs Bureau statistics for the first five months of this year reveal export volumes of worsted fabrics were stonger than export volumes of woollen fabrics, although both recorded strong gains.
23 August 2005
Going on 2004 figures, Turkey is the world's fourth largest wool top importer (after Italy, China and Germany).
24 August 2005
A look at International Textile Manufacturing Federation (ITMF) statistics reveals that during 2003, Japan's long staple (wool) spindles declined by just under half.
25 August 2005
Korean Customs Research Institute data reveals China as the dominant supplier of wool garments into Korea during the first quarter of 2005, with a lions share of the market in volume terms.
26 August 2005
The Australian Wool Market finished this week with prices 0.3% lower, on average, at the sales in Newcastle, Melbourne and Fremantle.
30 August 2005
In recent years growers have struggled to build flock numbers significantly and mostly due to factors beyond their control.
Soaring domestic consumption in China has driven the country's textile industry to its best ever results, said Du Yuzhou, president of the China National Federation of Textile Industries Monday (29 August).
31 August 2005
European Union Trade Commissioner Peter Mandelson moved Sunday (28 August) to ease the problem of Chinese goods piling up at European ports saying in an interview he would on Monday propose a deal to let the goods through.
The spot price of acrylonitrile weakened in late June/July on the back of slower demand. Similarly for polyester staple's raw material MEG, price levels fell in Asia and the United States as producers cut prices to keep stock levels low.