Home / Knowledge / News / Textiles / Wool commands high prices in last six months - BWMB
Wool commands high prices in last six months - BWMB
May '14
As the shearing season gets underway the British Wool Marketing Board (Board) says strong auction sales throughout the current selling season bodes well for producer returns in the coming twelve months.
Board Chairman Malcolm Corbett said, “proactive management of the Board’s auction sales has ensured a strong demand in the past six months, and with just 1.6 m kg of the 2013 clip left to sell is likely to enter the 2014 selling season with no carry over at all.”
"Demand has been high, especially in the last six months, with sales in the last few weeks achieving clearances of 100%, at higher prices than have been seen all season," he explained.
"No matter what the type of wool, it is well sought after as a tightening global supply is driving demand from all sectors."
“The effect of this strong market is that the average price of wool achieved by your Board is significantly higher than last year (average 34%)”, added Mr Corbett.
“Through its unique grading and testing procedures your Board will take advantage of the positive trading conditions, as a result of strong demand and limited supply, in the new season to achieve the highest possible price for our producers” said Mr Corbett.

British Wool Marketing Board

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Nuno Venda

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

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search