The New Zealand wool market lifted this week at the South Island sale held on 17 April. The Coarse Crossbred Indicator rose 2 cents (0.7%) to 298 cents, and in US dollar terms stayed flat at 200 US cents.
The total offering was 10,739 bales, with a clearance rate of 90% - as against 86% in the previous sales.
Compared with the sale on 11 April, prices moved as follows: Fine crossbred early shorn of 33 to 36 microns – good styles 2-4% dearer, average styles 2-3% dearer, poor styles firmer by 1-2%. Coarse crossbred fleece, average styles were 1-2% dearer, while poor styles were 1-2% cheaper. Coarse crossbred early shorn and second shear types of 37 to 39 microns – good colour firm, average styles firm 2-3% dearer and poor styles 1-2% cheaper. Crossbred oddments – clothing was firm and combing 1-2% dearer. Lambs – 30 and 31.5microns 2/3 inches 2-4% dearer, 30 to 30.5 microns 2/4 inches firm, and 31.5 and 32.5 2/4 inches 3-5% dearer.
Source: Wool Services International
