The Board and Management of AWTA have announced that there will be no increase in general raw wool fees for the 2019/20 wool selling season, commencing 1st July 2019.
The monthly comparisons of Total Lots, Bales and Weight for May 2019 compared with the same period last season are:
-14.8%, -17.3% and -17.3% respectively.
The Australian Wool Production Forecasting Committee forecasts that Australian shorn wool production for 2018/19 will be 298 mkg greasy. This is a 12.7% decline from the levels in 2017/18 and reflects the continuing drought conditions across large parts of Australia.
Read more: Drought continues to impact Australian wool production
The monthly comparisons of Total Lots, Bales and Weight for April 2019 compared with the same period last season are:
-6.9%, -10.6% and -10.4% respectively.
Combining Italy's rich wool heritage with the latest research and developments in wool applications, the 88th Congress of the International Wool Textile Organisation (IWTO) concluded last week in Venice, Italy.