Home / Knowledge / News / Textiles / BWMB brings positive news on price to wool producers at NSA
BWMB brings positive news on price to wool producers at NSA
20
Jan '11
The British Wool Marketing Board (BWMB) will attend the first NSA Winter Fair in Bakewell (Derbyshire) announcing positive news on prices to wool producers at a special seminar in association with the Campaign for Wool (CfW).

Chairman of the BWMB, Frank Langrish will jointly present the seminar – 'The Campaign for Wool and improvements in prices' - with John Thorley, Chairman of the Campaign for Wool – the five year project, which was initially convened by HRH The Prince of Wales.

The BWMB will have a stand at the NSA Winter Fair taking place at the Agricultural Business Centre, Bakewell, in Derbyshire on Thursday 27th January 2011 starting at 9am.

Mr Langrish says; “Our prices remain very strong and prices have reflected the growing interest in wool since the campaign's launch. If you consider that the British Fleece Wool Price Indicator was 153p/kg and last year at this point it was 91p/kg, you can see how prices have increased. Clearly wool producers have waited a long time to see a decent return for their wool, the price received this year will see most producers not only cover the cost of shearing but leave a profit margin as well''.

He is clear that the market is strong and selling through their fortnightly auction is the best way to maintain the demand and prices, “We are a UK farmer's organization that provides a vital gateway to the international textile industry. It is a professional service that offers supply of graded British Wool on demand to our textile partners in a format that they require. This is the best way to market British Wool and promoting it through the CfW will ensure that wool is better understood and valued for all its attributes, keeping the momentum on price moving upwards.”

The BWMB forecasted the return to producers would be significantly better in their Price Schedule, “We forecasted 95 pence per kilo for Mule in our price schedule at the start of the season and this has been exceeded with the actual average price for this type at recent sales achieving up to 110 p/kg. If you consider that in 2009 this type of wool was achieving an average price of 65 pence per kilo, you can see the leap forward that British Wool has made.”

John Thorley, Chairman of the CfW said, ''Our partnership with the BWMB has shown the level of expertise that they have and this has been a major part in the success of the Campaign. There is clearly a huge amount of potential for wool and by working together with other wool organizations, we are moving things forward as a team and better prices are the key objective.”

British Wool Marketing Board

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

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