Home / Knowledge / News / Textiles / Wool producers to welcome significant increase, BWMB
Wool producers to welcome significant increase, BWMB
12
May '11
British Wool prices have reached a twenty five year high and the promise of much better returns to the producer is the clear message from the British Wool Marketing Board (BWMB) at the NSA event to be held at Maesllwyni & Maesterran, Penegoes, Machynlleth on Wednesday (18th May 2011).

New Board Member, Bedwyr Jones says, “With over 89% of the 2010 clip already sold the current level of prices are expected to be maintained during this calendar year”

Wool prices at auction have increased substantially since October 2009, with the result that, on average, the 2010 Wool Clip Value is double that of 2009 and three times that of 2008.

Mr Jones added, “These values will be reflected in the 2011 Wool Cheques and I'm sure producers will welcome the significant increase this year.”

The projected average 2011 producer Clip Value of Texel/Lleyn and Radnor/Beulah breeds is anticipated to achieve £1.30 per kg (based on sales January to April this year - see chart below). “These prices are maintaining and building on last year's increases. We feel the time is right for wool, and our auction prices are showing this to be correct.” Says Mr Jones.

The Wool Board is exhibiting at the event and will have an 'Identify the Breed' competition as part of their stand as well as a range of other wool-based demonstrations and information.

“A selection of fleeces from different breeds will be on display and we'll be inviting farmers to identify each breed. We hope this will encourage wool producers to come along to the stand and look at the various displays and demonstrations we're staging,” said Gareth Jones, the BWMB's Producer Relations Manager, who will be on hand throughout the event to meet and answer any questions from producers.

Shearing demonstrations will also be held throughout the day and Colin MacGregor, the Wool Board's Shearing Manager and his team of instructors will provide advice and guidance on shearing and gear maintenance.

Information will also be available on a range of shearing and other land based courses available through British Wool Training Ltd, including funding options open to farmers to assist with the cost of courses.

British Wool Marketing Board (BWMB)


Must ReadView All

EU consumers to gain from cheaper, safer, better e-payments

Apparel/Garments | On 19th Jan 2018

EU consumers to gain from cheaper, safer, better e-payments

European consumers can now reap the full benefits of paying online...

Telangana minister pitches for investments in S Korea

Textiles | On 19th Jan 2018

Telangana minister pitches for investments in S Korea

Industries and information technology minister of India’s Telangana...

Courtesy: Boohoo

Apparel/Garments | On 19th Jan 2018

Boohoo margin up 52.5% for 4 months till Dec 2017

For four months till December 31, 2017, fashion e-commerce...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Top executives
Textile & apparel bodies

The decision is transformational

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kevin Nelson
TissueGen

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

Anisha Chaudhari
Threads & Shirts

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

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

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

January 2018

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
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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