Home / Knowledge / News / Textiles / Feel-good factor helping BWMB maintain its work
Feel-good factor helping BWMB maintain its work
14
Nov '11
A bumper year in the sheep industry which has resulted in a feel-good factor among farmers is helping the British Wool Marketing Board do more valuable work for the sheep industry, according to BWMB Chairman Malcolm Corbett.

Speaking at this week's BWMB Annual Conference, Bradford, Mr Corbett told delegates he had never experienced such a feeling among sheep farmers in his farming career.

“And this feel-good factor is filtering down through the industry and is drawing new blood to sheep farming and the ancillary industries. For its part BWMB has helped more than 1200 people begin or advance their shearing careers in 2011. “Up to 40% of these were new starters and the quantity and quality of our young shearers is a great legacy for the Board. Shearing Training co-ordinator Colin MacGregor and his team deserve our congratulations.”

The same feel-good factor has been present in the wool sector too, with strong prices at BWMB's auctions reflecting the increasing global demand for British wool, explained Mr Corbett. “Prices are at a 25 year high and have risen again this year, compared to last, with average prices some 60p/kg ahead of the same time in 2010. The competitive nature of our auctions is helping too as buyers know they'll have to bid strongly to get the wools they want.”

Ongoing publicity surrounding the Campaign for Wool has helped to lift demand and hence prices too, added BWMB Chief Executive Officer Ian Hartley. “The campaign has done a huge amount of work in encouraging consumers to appreciate the benefits of wool and, in doing so, pay more for a wool product.”
But it is not all good news, unfortunately, said Mr Hartley. “The increase in wool prices is hitting our major market segments, such as carpets, and there is a move by some manufacturers and stores to reduce the amount of wool and increase the amount of synthetics in carpets.”

Strong demand from China, India and other growing markets has helped to counteract this, but the market in the UK, the USA and Continental Europe is less buoyant and consumers are price conscious in everything they buy.

An emerging settled production pattern was though helping the Board to develop its strategy, with 2010 production at the same level as 2009 – 28.6m kg. “This is the first time in three years that it has not fallen, and I predict this year's clip will probably be slightly higher.

“This stabilisation is welcome news, but nobody on the Board would consider that we could get back, in the near future, to the 39m kg clip we handled in 2005. Therefore, the infrastructure on which the Board is basing its operation is around the 28–35 m kg level.”

In response to this BWMB has consolidated its depot network and invested in a state of the art new depot at North of England Wools, Bradford. “In the New Year the BWMB offices will also move to the new depot site at Canal Road, further rationalising the BWMB operation,” he added.

British Wool Marketing Board

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: Adidas

Apparel/Garments | On 28th Apr 2017

Adidas, Siemens initiate joint research programme

Adidas and Siemens are initiating a joint research programme for...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X