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

 


Wool Firms

Wool Firms


New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that a stronger New Zealand dollar, limited wool availability and renewed client interest combined to underpin the combined wool auction this week with practically all wool types increasing in value.

Of the 18,100 bales on offer, 93 percent sold. Compared to the last sale on 9th January the weighted indicator for the main currencies increased by 0.81 percent.

Compared to last time sold on 19th December, Mid Micron Fleece 27 to 28.5 microns were slightly easier by 1 to 2.5 percent with 29 to 31 microns 2 to 4.5 percent stronger.

Compared to the 9th January sale, Fine Crossbred Fleece and Shears 31.5 to 35 microns ranged from 1 to 5 percent dearer.

Coarse Crossbred Fleece 36 micron and Coarser were 1 to 5 percent dearer with the average styles increasing the most.

Coarse Second Shears were 1 to 3 percent firmer. First Lambs 27 to 31 microns were firm to 7 percent dearer with the finer types increasing the most.

Combing Oddments eased by 2 to 4 percent with short types slightly easier in the South but up to 3 percent dearer in the North.

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

Next sale on 23rd January comprises approximately 8,200 bales from the North Island and 6,000 bales from the South Island.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news