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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