Curtis Wool Direct

New Zealand Wool Market Report (24 Sep 2015)

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The South Island sale saw a strong market with steady support. Of the 9,250 bales on offer 84.4 percent sold. The weighted indicator for the main trading currencies was down 0.72 percent compared to the last sale on 17th September, helping hold up local price levels.

 

In line with other Merino growing markets, local prices for Merino Fleece 18 to 23.5 microns compared to when last sold on 10th September, saw a slight easing with prices 2 to 6 percent cheaper.

 

Mid Micron from 24 to 28.5 microns were firm to 1.5 percent cheaper. Compared to the sale of 17th September, Fine Crossbred Full Fleece were 2.5 percent firmer and shear types 2 to 4 percent dearer, with the very short types under the most pressure.

 

Coarse Fleece were up to 2 percent firmer with Coarse shears firm to 2 percent dearer.

Oddments were firm to 2 percent stronger.

 

Well spread competition with Chinese interests continuing to dominate, supported by Western Europe, Middle East, Australasia and very limited activity from India and the United Kingdom.

 

Main buyers: Masurel 1500 bales, G Modiano 1300, Fuhrmann 1200, Bloch & Behrens1100, NZ Wool Services 1000, J S Brooksbank 700, Chargeurs 350,

H Dawson 200, J Marshall 150.

 

Next sale 1st October comprising approximately 6,000 bales from the North Island.

 

 

Source: NZWSI

 

 

 

 

 

 

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