this post was submitted on 06 Jul 2023
15 points (100.0% liked)

AusFinance

994 readers
1 users here now

founded 1 year ago
MODERATORS
lodion@aussie.zone
Los@beehaw.org
15
Wool dumped in landfill as cost of living drives demand and price down (www.abc.net.au)
submitted 1 year ago by Tau@aussie.zone to c/ausfinance@aussie.zone
7 comments fedilink hide all child comments
 

The wool market has dropped 20 per cent from last year. Brokers say they are dumping low-value wool into landfill. Growers are urged to keep producing wool despite the gloomy outlook.

you are viewing a single comment's thread
view the rest of the comments
[–] Railison@aussie.zone 1 points 1 year ago (1 children)

Couldn’t they make some money by selling it overseas where it can be processed for cheap?

[–] palarith@aussie.zone 1 points 1 year ago* (last edited 1 year ago)

They are already doing that and "Fast Fashion" is also going to the landfill.

This way we save some extra steps