RUSSIAN WOOL PRODUCTION
Rise In Clip ‘‘Unlikely To Affect NX”
fA’.Z. Press Association—Copyright)
SYDNEY, December 13. A concerted drive by Iron Curtain countries to increase their wool production was unlikely to affect the wool industries of Australia, and New Zealand, a Sydney professor said last night. He is Professor P. R. McMahon, professor of wool technology at the University of New South Wales, who has just returned from a 10 months’ overseas study of wool.
Professor McMahon said that to increase local wool clips the Iron Curtain countries were prepared to buy locally produced wool at five times the international price for wool. During his trip Professor McMahon visited 30 countries, including' Poland. Czechoslovakia, Russia and Bulgaria. He said the Iron Curtain countries were concentrating on wool rather than on synthetics.
Of the Iron Curtain countries Russia was the only one which could produce really substantial quantities of wool. Russia’s costs of production were two to four times as high as in Australia.
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Bibliographic details
Press, Volume XCIX, Issue 29388, 15 December 1960, Page 15
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163RUSSIAN WOOL PRODUCTION Press, Volume XCIX, Issue 29388, 15 December 1960, Page 15
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