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Wool Price Rises But Pain Felt In Carpet Industry

Date of Release: 
Monday, October 10, 2011

While farmers are reaping higher returns from wool for carpet manufacturers it’s the opposite for workers in the carpet industry where the pain of redundnancy is being felt. 

FIRST Union general secretary, Robert Reid, says high wool prices are making wool-based carpets too expensive and some carpet makers are switching to synthetics.

“As wool climbs it is putting workers out of work in New Zealand.”

Read more from SKY TV's Country 99 TV here.

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