[Ansteorra-textiles] Bale of Fine Wool Sells for $496,000

Carolle Ternus cternus at texas.net
Fri Mar 12 11:40:39 PST 2004


Thought folks might be interested.
I've only quoted part of the article, but you should be able to find the rest at the following link. 

Radegund

http://news.excite.com/odd/article/id/390788|oddlyenough|03-12-2004::11:08|reuters.html


Bale of Fine Wool Sells for $496,000
Mar 12, 10:53 am ET 

By Pauline Askin 
SYDNEY (Reuters) - A Chinese clothing manufacturer paid A$675,000 ($496,000) Friday for a bale of Australian wool finer than cashmere or human hair, to be turned into fashionable suits. 

The 90-kg (198-lb) bale of wool, grown on sheep living in a low-stress air-conditioned shed and fed a special diet, was bought at auction in Sydney by Shanghai-based Hengyuanxiang Corp. 


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