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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Abhishek Ganguly
Puma India

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Urs Stalder
Sanitized AG

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

Paolo Ocleppo
Sandvik Hyperion

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Pranav Mishra
Huemn

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
February 2017

February 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