Topic
wool
Commodities British Wool Prices Surge 70% as Global Demand Rises and Flocks Shrink
Wool prices have climbed more than 70% in a year, with clean shorn wool averaging £2.54/kg in the latest sale versus under £1.50 a year ago, according to BBC News. A smaller British flock, fewer sheep in New Zealand, and the clearance of Covid-era wool stockpiles are driving the rally, which pushed prices to a 10-year high. Farmers like Wyn Williams say the higher prices help cover shearing costs.
Manufacturing Merino Wool Yields 4-5 Pounds per Sheep Annually, New Guide Shows Textile Buyers
WIRED's merino wool apparel guide shows textile buyers how to specify the fiber by GSM, maps merino weights to fleece equivalents, and details Nuyarn, a merino-nylon hybrid yarn. It also warns that cheaper wool may carry a higher carbon footprint. For apparel manufacturers, the report frames merino as a renewable but naturally limited input, with per-sheep yields of 4 to 5 pounds per year.
Manufacturing Ladakh Administration Approves PLI Scheme and Revolving Fund to Boost Pashmina Production
The Union Territory of Ladakh has approved a production-linked incentive (PLI) scheme and an ₹8 crore revolving fund to strengthen the Pashmina industry. The measures include a 25% incentive for herders, upfront payments, and targets to double the goat population to 4 lakh and raise average yield from 200g to 350g per goat.