News

News

News Flash

2018 broker award
News Flash

NCWSBA Wool Broker Award winner announced for 2018

27 August 2018
The three Finalists for the 2018 NCWSBA Wool Broker Award gave presentations at the NCWSBA Annual General Meeting and Forum on 23rd August. The three Finalists, Samantha Wan (Elders), Cassandra Baile (AWN) and Candice Cordy (Landmark) all gave fantastic presentations, highlighting the diverse roles of wool brokers and their great contributions. There were around 50 people in the audience attending the AGM and all were hugely impressed. Annabelle Cleeland (Editor, Stock and Land), Ed Storey…

NCWSBA IS MOVING OFFICE

25 June 2018
From 2nd July the NCWSBA office will be located at the AWH Wool Selling Centre in Tottenham, here in Melbourne. The new address is Gate 4, 29 Frederick Rd, Tottenham Vic 3012. The new email address will be info@ncwsba.org. Chris Wilcox's email address is chris.wilcox@ncwsba.org. The NCWSBA phone number will be +61 (0)419 344 259.

Lower wool production in Australia in 2018/19

23 April 2018
The Australian Wool Production Forecasting Committee (AWPFC) met on Wednesday, 18th April and decided on its updated forecast of Australian shorn wool production for 2017/18 and its first forecast for 2018/19. These forecasts were released on 20th April. The updated AWPFC forecast of shorn wool production for 2017/18 of 338 mkg greasy (a slight 0.6% fall compared with 340 mkg produced in 2016/17) is lower than the Committee’s December forecast of 345 mkg. Seasonal conditions have been much…

Industry News

Wool declared as NM, PR or CM closes in on 50% of offerings

15 October 2018
The latest statistics on mulesing status from AWEX (sourced from the National Wool Declaration) shows that in the first quarter of the 2018/19 season that there was yet another lift in the proportion of wool offered in Australia and declared as Non Mulesed (NM), Pain Relief (PR) or Ceased Mulesing (CM). This wool accounted for 48.6% of all first-hand wool offered at auction in the July to September period. This compares with a share of 43.4% in the July-September 2017 period. NM-declared wool…

Australian wool tests slump in September

08 October 2018
The latest data on wool tests from AWTA shows a sharp drop in the weight of wool tested in September compared with September 2017. For Australia, the volume of wool tested were down by 19.2% compared with September last year. While the volumes in September 2017 was up 9% year-on-year, the aggregate for the month this year is well below any year back at least to 2011/12. There were very large drops in wool tested in New South Wales, Western Australia, South Australia and Queensland, with a…

Merino wool prices at records against cotton, just off records against synthetics

01 October 2018
While Merino wool prices have risen throughout 2018, prices for competing fibres have been more variable, with prices for cotton and viscose falling but polyester and acrylic prices on the rise. This has changed the price relativity for wool prices against these other fibres. There has been a steady lift in the ratio for 21 micron wool against cotton to a record level of 8.16. For 18 micron wool, the price ratio against cotton has risen to 9.68, just shy of the record of 9.78 set on November…

Wool products included in third batch of US penalty duties on Chinese products

24 September 2018
Tensions between the US and China broke out into a full-scale trade war this week as the US announced a third round of import tariffs on goods from China. This latest batch imposes a 10% import duty on US$200 billion of goods from China (effective from 24th September). The first two rounds earlier this year imposed 25% tariffs on US$50 billion of goods imported from China. China retaliated each time with its own punitive import duties on US products, such as cotton, soybeans, wine, fruit and…

Unprecedented: The Merino Wool Market

17 September 2018
The 30th Nanjing Wool Market Conference was held in Nanjing, China last. As usual it was very well attended, with around 400 people attending, including a good number of people from outside of China, including from Australia, South Africa, the UK, the US, Uruguay, Argentina, New Zealand, Canada, Japan and India. It was a very interesting Conference. The NCWSBA Executive Director, Chris Wilcox, gave a presentation on the current situation in the Merino wool market titled “Unprecedented”. He…

Australian wool production to fall 5.7% in 2018/19

27 August 2018
The Australian Wool Production Forecasting Committee (AWPFC) released its new forecast for 2018/19 and its estimate for 2017/18. After considering the industry data, seasonal conditions, and input from the state forecasting committees, the Committee now forecasts shorn wool production at 322 mkg greasy in 2018/19, a 5.7% drop in production. This is lower than its first forecast released in April. The sharp drop in shorn wool production is due to the very dry and drought conditions throughout…

Broad-based lift in demand for raw wool

30 July 2018
According to the latest data available from the major exporting countries, raw wool exports have increased by 8% in the 2017/18 season to May. This increase been led by a 19% increase in exports from New Zealand and a 22% increase in exports from Uruguay. Both countries this is a rebound from the sharp decline in the 2016/17 season, although exports have still not returned to the levels seen in 2015/16. There was also an increase in exports from Australia (up 5%) and a 2% increase in exports…

Strong lift in premiums paid for Non-Mulesed wool in 2017/18

30 July 2018
AWEX reported on the average price differences paid in 2017/18 for wool with the various mulesing status, compared with previous years. The data shows that the premiums paid for non-mulesed Merino wool at auction in 2017/18 lifted sharply compared with the 2016/17 season. AWEX says that on average there were premiums of 40 to 50 cents/kg for non-mulesed Merino wool of between 16 and 20 microns. This is up from between 15 and 30 cents in 2016/17 and much higher than for any of the previous three…

Wool Declared as Non-Mulesed and as Pain Relief lifts by 20% in 2017/18

16 July 2018
Data from AWEX on the mulesing status of first-hand wool offered for the full 2017/18 season shows that there was a significant lift of around 20% in the number of bales declared as either Non-Mulesed (NM) or Pain Relief (PR). This increase took the share of NM wool to 11.5%, well above the 9.9% share recorded in 2016/17. The share of PR wool lifted to 31.6%. There was a 9% drop in wool declared as Ceased Mulesed (CM). This may be due to a change in definition for properties to be eligible to…

NCWSBA News

Winner of the 2016 NCWSBA Broker Award Announced

25 August 2016
The Winner of the 2016 NCWSBA Wool Broker Award was announced at the Wool Week dinner in Melbourne on 25th August. The Winner of the 2016 Award is Lachlan Sutton of Elders. In making their decision, the Selection Panel noted they found the calibre of all three presentations to be excellent. They also found it difficult to separate the finalists and that all would be very worthy winners. The Panel noted that some of the most pleasing aspects from the finalists were: their obvious passion and…

Winner of the 2015 NCWSBA Broker Award Announced

27 August 2015
The winner of the 2015 National Council of Wool Selling Brokers of Australia’s Wool Broker Award to recognise excellence in wool broking in Australia has been announced. Matthew Thomas of Landmark was selected by the independent Selection Panel as the winner. Andrew Howells of Elders and Todd Clark of Schute-Bell were the other two Finalists. The independent Selection Panel made their decision after the three Finalists gave presentations to at the NCWSBA Annual General Meeting held on Thursday,…

NCWSBA Logo Welcome

ncwsba logo white

 

The National Council of Wool Selling Brokers of Australia

 

National Council of Wool Selling Brokers of Australia

Login

Register

You need to enable user registration from User Manager/Options in the backend of Joomla before this module will activate.