Experts raise concerns over falling quality of raw wool
Concerns are being raised in Australian wool circles regarding
the deteriorating quality of the raw wool coming in to the
markets in recent months. Wool traders are noticing that there
has been an increase in what is called Vegetable Matter or ‘VM’
in the recent arrivals of raw wool.
Experts have warned wool growers to be vigilant at shearing
time as bad quality of wool leads to discounting on the base
price of the raw wool. They say that in previous years the
content of ‘VM’ was not so high, which could raise concerns, but
that now, the ‘VM’ levels are gradually increasing. |