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.

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Hager Raid: Westpac Wrong To Release Bank Records To Police

The Privacy Commissioner has censured Westpac Banking Corp for releasing without a court order more than 10 months of bank records belonging to the political activist and journalist Nicky Hager during a police investigation into leaked information published in Hager's 2014 pre-election book, 'Dirty Politics'. More>>

ALSO:

EARLIER:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news