Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Wool Prices Gain

Wool Prices Gain

New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the 9,400 bales on offer in the South Island this week saw a 91 percent clearance and an overall stronger market.

The weighted indicator for the main trading currencies was 0.71 percent lower than the last sales on 21st February, adding impetus to local price levels.

Mr Dawson advises that a small offering of Mid Micron wool 25 to 29 microns were nominally 2 percent dearer.

Fine Crossbred Fleece 32 to 35 micron were firm to 3 percent stronger with the Second Shears firm to 1 percent dearer.

Good style Coarse Carpet Fleece were 1.5 to 2.5 percent stronger with the poorer styles 2.5 to 4 percent dearer. Longer Coarse Shears increased 1.5 to 4 percent with the shorter types firm to 2.5 percent dearer.

First Lambs Fleece 31 micron and finer were 1 to 3 percent dearer with coarser types 3 percent stronger.

Combing oddments lifted by 3 to 4 percent with shorter oddments firm to 2 percent dearer.

Good competition with China, India and Australasia principals, supported by Middle East, Western Europe and the United Kingdom.

Next sale on 7th March comprises approximately 16,000 bales from the North Island and 8,800 bales from the South Island.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Science Awards: NZAS Celebrate NZ Scientific Achievements

The Marsden Medal is awarded for a lifetime of outstanding service to the cause or profession of science, in recognition of service rendered to the cause or profession of science in the widest connotation of the phrase. This year’s medal is awarded to Dr Mike Andrews. More>>


Court Rules: Affco 'Unlawfully' Locked Out Meat Workers

The note says the full court found for the plaintiffs, "that is that the defendant locked out the second plaintiffs unlawfully and that it breached s 32 of the Act by acting otherwise than in good faith towards the plaintiffs while collective bargaining was still going on." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news