Home / Knowledge / News / Textiles / British wool gets a demand and price boost
British wool gets a demand and price boost
13
May '15
Ian Hartley, BWMB CEO
Ian Hartley, BWMB CEO
British Wool Marketing Board (BWMB) has said that the upcoming wool season will see overall payments to producers at similar levels to the 2014 season, with slight increases within specific types and breeds.

“The BWMB’s competitive auction system is a tried and tested method of delivering the best possible wool returns for producers and once again proved itself in 2014, a period of very challenging market conditions with the ever changing currency fluctuations, coupled with the much reported slowdown in economic activity in our major export market, China. This is a positive outcome and is the result of the Board’s proactive selling policy, ensuring the best possible prices are achieved” chief executive officer Ian Hartley told reporters in Exeter according to a BWMB statement.

Hartley said, “Following this strong performance over the last 12 months, and with minimal stock carryover into the new season, the outlook is positive heading into the 2015 season, with demand for all types of wool strong in both the domestic and overseas markets."

He also announced the 2015 guide wool clip values with Cheviot at £1.35/kg, Romney at £1.30/kg, Texel at £1.22/kg, Mule at £1.16/kg and Blackface at £0.90/kg.

The BWMB CEO noted that over the last 12 months the Board had seen the number of producers supporting it steadily increasing, which shows that more and more producers have confidence in the Board and recognise that the best opportunity of maximising the value of their wool is by supporting their organisation.

“The Board continues to support the Campaign for Wool (CfW) which generates a global profile that cannot be underestimated and has been hugely influential in driving demand for British wools in a number of emerging markets,” Hartley said.

“Our organisation is a tremendous example of collaborative marketing, delivering for farmers a high standard of service and helping them to maximise the value of their wool. I urge every sheep farmer to put their weight behind it”. (SH)

Fibre2fashion News Desk - India


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Marcel Alberts
Eurofibers

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


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