AUSTRALIA: High Wool Prices May Lead To More Blends
Retailers' reluctance to spend more on the fabrics used in their garments could mean that textile manufacturers are forced to consider blending wool with synthetics and cotton. Concern was raised at the end of last week when wool prices jumped yet again. Sales in Sydney and Melbourne pushed the eastern market indicator up 44 cents a kilo to 946, while the western indicator tracking Fremantle rose 58 cents to 909.
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