Unlocking traceability in the supply chain isn’t always easy with the various processes and many hands that wool is passed between, from on-farm wool production right through to the final garment being created. Each raw material process is complicated and specialised to say the least. But this challenge is opportunity for Fox & Lillie and... Read more
The first week of wool sales performed admirably to begin the new calendar year and as far as we are concerned, the eighth wonder of the world is wool knitwear. The pressure on micron continued this week as it has over the previous months. We have discussed numerous times in the past few years how... Read more
AWIS WOOL MARKET REVIEW Week Ending 15 January 2021 (Week 29) The AWEX EMI finished 15¢ higher (+1.3%) in Australian currency and 33¢ higher (+3.8%) in US currency when sales resumed after the Christmas break in Sydney, Melbourne and Fremantle in Week 29. 52,290 bales were on offer nationally, compared with 44,835 bales last sale.... Read more
One of China’s major shopping sales, Singles Day on November 11, lived up to expectations by breaking the last year’s sales records. Singles Day or also known as Double 11 Global Shopping Festival, is a major Chinese shopping holiday which was first established to celebrate single people, in opposition to Valentine’s Day. Sales each year... Read more
There has been some recent speculation that wool may be included in the rumoured list of commodity import suspensions by China. Fox & Lillie export has constant communication with its agents and customers in China, who have informed us that, so far, there is no concrete evidence to suggest there have been problems – or... Read more
The wool market saw a tremendous run-up last week and the pressure increased as each hour drew closer to start of the wool auctions. Looking back at the period leading up the sale tells quite a story. On Thursday 8th October after the previous sale week, the price levels from China were sitting at levels... Read more
New research reveals that the sustainability of our clothing is strongly influenced by the number of times it is worn and how long it is actively used. After seven years of work, a team of researchers from Australia, New Zealand and Norway have published the first full wool life cycle assessment (LCA) which analysed the... Read more
The wool industry is once again shooting itself in the foot by allowing the “cryogenic breech freezing” process to be reported on the National Wool Declaration (NWD) as non-mulesed (NM) wool, losing the opportunity to promote complete transparency in the Australian wool industry. To be clear Fox & Lillie is not opposed to any progressive... Read more
From the 1st July 2020 pain relief for mulesing sheep will be mandatory under legislation in Victoria. This means that a pain relief product registered for use on sheep by the Australian Pesticides and Veterinary Medicines Authority (APVMA) must be administered from next month. VFF Livestock Group President, Leonard Vallance was quoted in Stock &... Read more
While the wool market isn’t overly positive at the moment, there are encouraging signs for the future usage of wool. Fox & Lillie has received recent enquiries indicating renewed interest coming from wool users across the world who had previously removed themselves from the market when prices were at record highs. Eamon Timms spoke to... Read more
