Related Keywords: best quality woolm Merino sheep, fine wool producer, global fashion, suplus building of fine wool, Tasmanian wool producers
Tasmania has been home to the best-quality wool in the world. Merino sheep have been bred in Tasmania for over 180 years. It is also the sheep’s living conditions which are responsible for the top-quality wool. Tasmania provides the greatest possible diversity. But fine wool producers in Tasmania have been seeing a steady decline in premiums falling by 96 percent since 2001.
Surplus building on the market after years of a push to 'get fine or get out' have been the main reason of the declining returns for fine wool.
