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Wool Market Firms
Wool Market Firms
New Zealand Wool Services C.E.O Mr John Dawson reports that the double auctions in the South and North Islands attracted more interest today.
A stronger NZ dollar did not stop most types firming in price, the tight supply conditions and a little more interest from China for quick shipment helped to underpin the market.
Compared to the last South Island auction merino, mid micron and fine crossbred fleece was 3-5 percent dearer.
North Island carpet types were 2-4 percent dearer.
The next sale on the 27th October will comprise
approx. 6,000
bales
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