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

 

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news