NZ wool trading platform, run by GlobalDairyTrade managers, to launch on May 22

By Sophie Boot
May 8 (BusinessDesk) - An online trading platform for New Zealand wool and other natural fibres, which aims to work like the GlobalDairyTrade market, will launch later this month.
The Natural Fibre Exchange (NFX), owned by Wools of New Zealand, Alliance Group NZ and Progressive Leathers Export and managed by CRA International, will run a mock trading event today ahead of the first trading event on May 22. The market will run with bi-weekly trading events similar to the GDT auctions, which CRA also manages, on Tuesdays at 2p...
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