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.
A weakening New Zealand dollar and steady offshore buying saw all wool types improve for the latest South Island wool auction, reports NZWSI.
The auction, which offered 9300 bales, saw 87% selling, says NZWSI marketing executive, Malcolm Ching.
The weighted indicator for the main trading currency came down 1.29% compared to the last sale on September 3.
Merino fleece, 21.5 micron and finer, were 5-10% dearer with 22 to 23.5 microns 1- 2% firmer than the last time they sold, on August 27, says Ching.
Mid micron fleece, 24 to 29 micron, were firm to 3.5% dearer with 29.5 to 31.5 3 to 7% stronger.
Compared to the September 3 sale, fine crossbred full fleece and longer shears were 4-6.5% dearer with shorter shears 1-3% firmer.
Coarse crossbred full fleece were 5-7% stronger, longer shears 3- 6% dearer and shorter shears ranged from 1.5- 6% stronger.
Oddments were firm to 4% firmer.
The auction saw strong competition with China the principal, supported by Western Europe, Australasia, Middle East and India.
The next sale has been fixed for September 17 and comprises about 6000 bales from the North Island.
A Chinese business leader says Chinese investors are unfairly viewed as potential security risks in New Zealand.
In the first of two articles focusing on electrification in New Zealand, Leo Argent talks with Mike Casey, operator of the 100% electric-operated Electric Cherries orchard and founder of advocacy group Rewiring Aotearoa.
A Foundation for Arable Research initiative which took a closer look at the efficiency of a key piece of machinery for arable farmers - their combine harvesters - has been recognised at the Primary Industry NZ Awards.
Prime Minister Christopher Luxon has reiterated New Zealand’s ‘China And’ policy, adding that it wasn’t about choosing one market over another but creating more options for exporters.
A long running trade dispute between New Zealand and Canada over dairy access has been resolved.
New Zealand Police is urging rural property owners to remain vigilant and ensure their property is secure.
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