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British Wool prices increase despite challenges

  

As witnessed during the fifth British Wool sale of the 2021 season, despite challenges in terms of haulage, transport and energy prices, wool prices continued to increase. Sale saw 99 per cent clearance with 1.2 million kilos of wool sold. There was particular interest in the Blackface wool as well as continuing interest in the Medium & Mule wool. Welsh Mountain was also sought after and specialist types such as Bluefaced Leicester once again achieved record prices.

Average prices during the sale reached 73 p per kilo. Andrew Hogley, CEO, British Wool expects prices to sustain through the year. Having received over one million kilos of wool this season from producers, the association encourages more producers to deliver wool to ensure they benefit from the current market recovery.

British Wool aims to drive sustainable demand for the wool produced in the country through the collective marketing of the clip on behalf of its members. With reduced cost base, recovering market and exciting new initiatives such as the recent Wool Britannia carpet yarn launch by the Headlam Group and a Harrison Spinks traceable mattress range, the association is driving new demand for British Wool and increasing its value.

 
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