It is the aim of the BWMB to sell the clip within the year of production. All sales are held at its Bradford headquarters and currently electronic selling is being trialled. A catalogue is produced for each sale.
Twenty two sales are rostered over a twelve month period, with between 1.5m.kg. and 2 m.kg. offered each sale. Sales are attended by about thirty buyers, most of whom are merchants trading internationally and supplying end-users. They buy in lots of up to 8000 kgs in order to fulfill orders to manufacturers.
To give greater choice and flexibility for buyers, a good percentage of the clip is now sold forward, three, six, nine and twelve months, either 'available', or 'not available'. If 'available', buyers have the option of taking it up at any time during the following three or six months; if 'not available', the wool is sold, before being received at the depot, or while it is still on the sheep's back. Once the wool has been sold, the buyer is asked to pay for it before collection, and has four weeks to settle the account.
A full list of buyers/merchants is listed. Any manufacturer wishing to enquire about different types of British Wool available and recommended blends, should contact buyers direct.