Wool
Sir, —It is difficult to reconcile the prices charged for woollen goods or knitting wool in comparison with the amount paid to the producer. The grower receives from 27d per lb for lower grades to the higher price of 60d for super wool, giving an average of 36d per lb. The retail price of one ounce of four-ply knitting wool is approximately 37d or 592 d per lb. Also the value of wool in any finished article is a fraction of the actual price. There is no undue loading of this wool by the shearers, shedhands, shepherds, transport operators, woolstore workers or sale organisations, as their costs are carried by the average price of 36d per lb. There is an opportunity for the Wool Board’s research department to investigate the enormous difference between raw wool and the finished article. Why did woollen goods rise steeply when wool was at a high figure and not fall with lower wool prices?— Yours, etc.,
A J. MACDONALD. Oxford, May 8, 1967.
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Bibliographic details
Press, Volume CVI, Issue 31365, 10 May 1967, Page 18
Word Count
169Wool Press, Volume CVI, Issue 31365, 10 May 1967, Page 18
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