The Wool Industry Faces Synthetic Challenge Ahead
The Wool industry confronts a future shaped by synthetic fabrics that threaten traditional wool exports. Britain remains a key market, but European shifts and new textile processes endanger wool’s dominance. Australia seeks to balance internal development with export gains while guarding price and currency stability. A Gragiers Conference in Sydney warned against low quality woollens fueling synthetic competition. Red Cross monthly meeting scheduled for next Thursday afternoon.
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