Saibosi partners with Wools of New Zealand to showcase farm-to-floor wool rugs in China
Chinese textile company Saibosi has partnered with Wools of New Zealand to put the 'farm to floor' story of New Zealand wool rugs on screen for its customers.
The market held up fairly well for the last of the larger offerings of this season with 22,700 bales on offer and an 84% clearance, New Zealand Wool Services International Ltd's general manager, John Dawson reports.
The weighted indicator for the main trading currencies compared to the last sale on March 15 was practically unchanged, strengthening only 0.06%.
The price levels between the North and South Island selling centres reflects the larger volumes coming forward in the north and although prices lifted considerably compared to their last sale on March 8, the North Island prices are still generally below their counterparts in the south.
Dawson advises that Fine Crossbred Fleece and Shears were firm to 2% stronger. Good Colour Crossbred Fleece eased slightly with other styles firm to 3% dearer. Longer Coarse Shears ranged from firm to 4% stronger, with shorter shears in the South easing 1 to 2% and the north offering firm to 4% dearer. South Island Lambs were 1 to 2% easier with the North Island selection 2 to 5% stronger.
Oddments ranged from firm to 3.5% dearer with the North Island levels lifting the most.
Well spread competition with China, Australasia, Middle East and India principals supported by Western Europe and United Kingdom.
Next sale on March 29 comprises about 10,900 bales of South Island wools only.
People affected by the recent two severe flood events in the Tasman district are weary and exhausted trying to deal with the devastation on their farms and orchards, according to the head of the Rural Support Trust (RST) in the region.
New Zealand milk production is off to a strong start, with the first month of the 2025/26 dairy season recording a whopping 17.8% jump in milk production, compared to the previous season.
With adverse weather set to rain down on the Top of the South, the Bay of Plenty and parts of Northland, Agriculture Minister Todd McClay says farmers, foresters, and growers need to prepare for possible challenges.
Keep up with innovation and e-commerce in China or risk losing market share. That was the message delivered at the China Business Summit in Auckland this month.
Meat Industry Association (MIA) independent chair Nathan Guy says getting meat processors involved has been a shot in the arm for the sector's key marketing initiative into China, Taste Pure Nature.
Listed carpet manufacturer, Bremworth is undertaking a $6 million expansion at its Napier plant more than two years after the site was heavily damaged by Cyclone Gabrielle.