As the shearing season gets underway the British Wool Marketing Board (Board) says strong auction sales throughout the current selling season bodes well for producer returns in the coming twelve months.
Board Chairman Malcolm Corbett said, “proactive management of the Board’s auction sales has ensured a strong demand in the past six months, and with just 1.6 m kg of the 2013 clip left to sell is likely to enter the 2014 selling season with no carry over at all.”
"Demand has been high, espe
The prices of cotton in the domestic market of Pakistan have been steady since the last fortnight. The scarcity of unsold ready stock, which is just around a couple of 100,000 bales, is probably one of the biggest reasons of the stagnant prices. The ginners are a bit reluctant to sell their stocks, as new cotton crop (August 2014 to July 2015) is going to trickle in the mid of the July in Sindh and Punjab may not start harvesting before August 2014.
Despite the fact that the lint prices have
