Home / Knowledge / News / Textiles / Hike in wool prices makes them a valuable commodity: BWMB
Hike in wool prices makes them a valuable commodity: BWMB
17
Aug '15
According to the British Wool Marketing Board (BWMB), the increases in wool prices over the past few years, have continued to make wool a valuable commodity.

“Taking the time to seek out and buy better-woolled sheep will pay in the long-run as the wool from these ewes and their offspring will earn more in years to come,” the board advised.

“They are also likely to be better at coping with inclement weather and withstand all that the British environment can throw at them,” Gareth Jones, communications manager at BWMB added.

“Additionally, farmers wanting to earn the most from their wool should avoid buying bloom dipped sheep, says BWMB's COO Mark Powell stated.

“Tinted wool resulting from bloom dipping is worth significantly less than non bloom dipped wool,” the British wool association said.

Based on the current wool price, tinted wool is again worth on average 75 pence per fleece compared with non bloom dipped wool at £3.05 per fleece, a significant difference of £2.30 a sheep.”

“There is a long-standing tradition of bloom dipping sheep to make them more attractive to buyers at auction marts,” Powell explained.

“But the buyers are risking losing out on a significant amount of money by buying these bloom dipped sheep as the wool will be worth a lower value once it's been bloom dipped,” he too added.

Last year the BWMB began recognising the good work being done by wool producers in awarding certificates to those presenting their wool in an excellent manner.

In 2014, approximately 500 'Excellent Clip Presentation' certificates were presented to registered producers. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy:  Stanislav Kondratiev on Unsplash

Apparel/Garments | On 19th Sep 2018

AAFA questions US tariffs on $200 bn Chinese goods

The American Apparel & Footwear Association (AAFA) has questioned...

Courtesy: Tecnorama

Textiles | On 19th Sep 2018

'Reliability & excellent quality are Tecnorama’s USP'

The complete reliability and excellent quality of Tecnorama systems...

USFIA joins national campaign to fight consumer tariffs

Textiles | On 19th Sep 2018

USFIA joins national campaign to fight consumer tariffs

The United States Fashion Industry Association has joined Americans...

Interviews View All

Prabu Mohanram, Balavigna Weaving Mills Pvt Ltd

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Top executives, Textile industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Sugandha Bhardwaj,

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

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

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra,

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

Leave your Comments


September 2018

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

news category


Related Categories:

Advanced Search