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

 

Wool Softens

Wool Softens

New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that at today’s North Island Wool Sale prices where comparable were generally unchanged when compared to the South Island on the 28th

When compared with the last North Island on the 14th August prices have strengthened overall.

On a limited offering of Fine Crossbred Fleece prices were generally unchanged.

Fine Crossbred Early Shorn and Second Shear 33 micron 3 to 5 inch and 3 to 4 inch remained firm whilst 34 to 36 micron 3 to 5 inch and 3 to 4 inch were generally 1 percent cheaper with 35 and 36 micron 2 to 4 inch 2 percent dearer.

Coarse Crossbred Fleece on a limited offering were 1 percent cheaper.

Coarse Crossbred Early Shorn and Second Shear 37 micron and coarser 3 to 5 inch were 1.5 percent cheaper, 3 to 4 inch were up to 1 percent dearer, 2 to 4 inch declined by 3 percent whilst 2 to 3 inch rose fully 2 percent.

Combing Oddments remained firm and Clothing Oddments 2 to 4 inch were 3.5 percent dearer and 2 to 3 inch were 3.5 percent cheaper.

The next sale on the 11th August.


September comprises approximately 12,500 bales from the South Island.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Tornado Aftermath: More Storms Forecast For New Plymouth

Up to 30 homes were damaged Monday night when a tornado roared through a New Plymouth suburb last night , cutting power lines, tearing off roofs, and toppling trees. More>>

ALSO:

Government Investment Rejig: Sustainable Food & Fibre Futures Launched

Growing New Zealand’s food and fibre sectors sustainably and supporting a thriving economy are the hallmarks of a new investment programme announced today by Agriculture Minister Damien O’Connor. More>>

Dump Levy Options: Waste Work Programme Announced

Associate Environment Minister Eugenie Sage has announced a programme of work to take action on New Zealand’s long-neglected waste problems. More>>

ALSO:

Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>

ALSO:

Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>

ALSO: