The New Zealand sales on 2 May, saw prices lifted across South and North Island. The coarse crossbred indicator rose 3 cents (0.7%) to 301 cents, and in US dollar terms flat at 200 US cents.
The total offering was 16,356 bales, with a clearance rate of 83% as against 90% in the previous sales.
Compared with the last sale on 17 April, prices movement was as follows in South Island: Fine crossbred early shorn of 33 to 36 microns –3-4% dearer. Coarse crossbred fleece, good to average styles were 2-3% dearer, and poor styles were 2% cheaper. Coarse crossbred early shorn and second shear types of 36 to 39 microns – good and average styles were 1-2% dearer and poor styles 1-2% cheaper. Crossbred oddments were 2-3% cheaper. Lambs – 29 to 30.5 2/4 inches were 1-3% dearer, 29 to 30.5 microns 2/3 inches were firm and 31 and coarser 2/4 inches 1-2% dearer.
In North Island sales this week compared to last of 17 April, prices moved as follows: Fine crossbred early shorn of 33 to 36 microns 3-4% dearer. Coarse crossbred fleece, good to average styles were 2% dearer, while poor styles were 2-3% cheaper. Coarse crossbred early shorn and second shear types of 36 to 39 microns – good and average styles were 1-2% dearer and poor styles 2-3% cheaper. Crossbred oddments were 2-4% cheape. Lambs – 29 and 30.5 microns 2/4 inches were 2-3% dearer, 29 to 30.5 microns 2/3 inches 1-2% dearer and 31 and coarser 2/4 inches 2-3% dearer.
Source: Wool Services International
