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


Mixed Wool Market

Mixed Wool Market

New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the predominantly short wooled second shear offering from the North Island saw the shears, Lambs wool and oddments ease with longer and finer fleece wools firm to dearer. Of the 11,000 bales on offer 95 percent sold.

The weighted indicator for the main trading currencies eased 0.78 percent, having a mixed effect on the market.

Fine Crossbred Full Fleece and Shears were firm to 1 percent dearer.

Good style Coarse Fleece were firm to 1 percent dearer with average and poor styles lifting 3 to 4 percent. Longer Coarse Shears were firm to 2 percent stronger with shorter types 2 to 4 percent End of season Lambs Fleece which is now showing more colour, ranged from firm to 3 percent Oddments were generally 2 to 5 percent easier with poorer styles affected the most.

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

Next sale on 5th June comprises approximately 7,400 bales from the South Island, down 32 percent on rostered quantity due to continuing poor weather conditions disrupting harvesting.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news