Home / Knowledge / News / Textiles / Wool prices continue to improve is key message at NSA fair
Wool prices continue to improve is key message at NSA fair
13
Jan '14
Strong clearances at British Wool Marketing Board (BWMB) auctions are continuing and the hope is, this increased demand can be maintained through the remainder of the 2013/2014 selling season, BWMB Chairman Malcolm Corbett will tell farmers attending this year’s NSA Winter Fair at Melton Mowbray Livestock Market on Friday 31st January 2014.

An increasing level of confidence in the economic outlook across both Europe and the rest of the world is having a positive impact on wool prices with the opening sales of the current selling season showing the improvement in prices was being sustained.

Mr Corbett said, "Demand was so strong in the closing half of 2012/2013 season that we sold virtually every kilo of wool which was hugely important as we headed into the new 2013/2014 selling season.  With high clearance rates and prices up on the same time last year it’s also encouraging to see the volume of wool sold to date is significantly higher than at the same time last year."

"Demand for British wool has traditionally been largely driven by the carpet market and an upturn in the housing market is helping increase demand, but the strong demand from the market in China is also having an impact on the interest and the demand shown in our product," he added.

‘’Thanks to BWMB's competitive auction system all producers marketing their wool through BWMB would benefit from these price increases’’  Mr Corbett said and encouraged visitors to the Winter Fair to visit the BWMB stand to find out more about the Board’s activities and enjoy some light refreshments.

British Wool Marketing Board

Must ReadView All

Information Technology | On 28th Mar 2017

Intex Consulting signs partnership with Kawan Era Baru

Germany based Intex Consulting GmbH has entered into a strategic...

Courtesy: Kraig Laboratories

Textiles | On 28th Mar 2017

Kraig gets certificate for silk production in Vietnam

Kraig Biocraft Laboratories, Inc., a leading biotechnology company...

Courtesy: Creora

Textiles | On 28th Mar 2017

Hyosung holds Creora workshops in China, HK & Taiwan

South Korean specialty fibre producer Hyosung held a series of...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search