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

 

Wool Values Ease

Wool Values Ease

New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the North Island offering this week, made up predominantly of short coarse second shear wools compared to the more varied South Island longer selection last sale on 15th June, saw prices ease.

The weighted indicator for the main trading currencies came back by 0.19 percent having limited impact with an 81 percent clearance of the 10,700 bales on offer.

Fine crossbred shears were 2 percent cheaper

Coarse crossbred full fleece were generally firm, longer shears 2 to 4 percent lower and short shears 4 to 5 percent cheaper.

Fine first Lambs Fleece were 2 percent cheaper with 30 micron and coarser lambs dropping 5 to 8 percent.
Good style oddments were 4 to 5 percent cheaper with poorer style oddments easing 2 to 3 percent
The next sale on 29th June comprises approximately 9,000 bales from the South Island.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO:

Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>

ALSO:

Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>

ALSO: