IWTO President’s Report Summary

  1. Raw wool prices have surged 33% year-on-year, with the Eastern Market Indicator climbing 358 cents to 1517 cents following 11 consecutive weeks of gains.
  2. Recent visits to New Zealand and Australia have reinforced alignment with government and industry partners on critical priorities, particularly around biogenic carbon LCA methodology and IWTO’s Brussels advocacy work.
  3. At the Nanjing Wool Conference in September, manufacturers praised Woolmark’s athleisure campaigns in China. Mills also expressed increased interest in RWS/NM certified wool, particularly for goods intended for the European market.
  4. The Make The Label Count campaign remains vital in the next 12 months.
  5. The Lesotho Wool Round Table is almost here! IWTO members benefit from the Early Bird rate until 27 October.
Image Source: www.wool.com Showing Eastern Market Indicator for 18 and 19 micron wool