British Royal Family'S Continuous Attention To Wool Industry

In November 23rd, it was a good day for members of the British wool Market Committee who came to Bradford to attend the annual wool conference, because British wool not only maintained a strong price, but also sold very smoothly.

The good news also delighted the herdsmen at the conference. The average auction price of wool has increased from 70 pence per kilogram to 155 pence, so the profits of large wool producers in 2010/2011 will be considerable. At this price, the average income of wool next year is expected to be two times that of last year, three times the year before.

"Compared with previous years, this year wool The price trend is relatively high, and the market demand and sales situation is also very good, so we like this kind of state potential to continue. CEO Ian Hartley of the British wool Association said.

There are many reasons for the rise in wool prices. First, global Sheep quantity The reduction is directly responsible. wool The decline in production. For example, in 2000, the wool output in Britain dropped from 44 million kilograms to 28 million 500 thousand kilograms, a drop of 40%. The reduction of production means that the wool demand gap in the textile industry has increased. Secondly, during the economic crisis, the textile industry mostly consumed a large amount of wool stock, so processing enterprises needed to buy a warehouse for replenishment of wool. Once again, the royal family's continuous attention and support for the wool industry also played a positive role in promoting.

Like other businesses, prices are very important for herdsmen. The local committee members are very happy to see the price rising continuously. They think this is a good trend. Our confidence in rising prices is increasing. Our previous price expectations will certainly come true, and perhaps exceed expectations. " Frank Langrish, chairman of wool Association.