Wool Update: Tough wool market conditions are easing

摘要

Adifficult 12 months in the wool market means producer payments from the British Wool Marketing Board (BWMB) will be lower than in 2012. But recent sales have seen significant improvements in trading conditions and, crucially, stronger clearancerates, explains BWMB Chief Operating Officer Mark Powell. He says: "Selling conditions were difficult for a large part of 2012 but an increase in demand in late 2012 and early 2013 has resulted in improved clearances." The reasons behind the dip in demand in 2012 are many fold, but largely relate to reduced consumer spending and, therefore, lower sales of wool products.