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Related Keywords: fashion industry, fine wool, Optim technology, outdoor recreation clothing market, wool industry, Woolmark Company

The wool industry looking for a big break in the outdoor recreation clothing market is likely to get success due to the technology originally developed to make fine wool finer.
 
The Optim technology behind the new fabric was originally developed more than 20 years ago when the world was desperate for more fine wool, prompting the then UK-based International Wool Secretariat (IWS) and various textile processors to look at stretching woollen fibres in the early processing stage.
 

Related Keywords: fine wool, market reopens, wool, wool price

Wool prices to see slow and steady upward trend in the year 2014 with the market reopens today. The eastern market indicator was at 1134 cents when the market closed for a three-week break in December.

According to Andrew Partridge, from Fox and Lillie, the wool prices will steadily increase throughout the year with medium wool types making the biggest gains.

An average of 1100-1150 will perhaps be a pretty good, he said.

(The) 21 microns will almost certainly eye $13 but he thinks around that $12.50 mark, everyone should be reasonably happy.