Curtis Wool Direct

New Zealand Wool Market Report (25 Sep 2014)

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South Island Wool Sale prices held firm to slightly dearer across all categories. Bales on offer 12,117, bales sold 9,936 (82%).

 

The Trade Weighted Indicator continued its recent decline at 0.7269 against 0.7305 last week. A small Half-bred offering was generally 2.5 to 3.5% dearer through all microns 25 to 30.

 

Crossbred Fleece, Second Shear and related oddments continued the strong trends of recent North and South Island sales selling par to 2% above previous quotations.

 

Fine Crossbred Fleece when compared to the South Island on the 11th September 33 to 36 micron rose 1.5 to 2%. Coarse Crossbred Fleece remained firm.

 

Compared to the North Island 18th September Fine Crossbred Early Shorn and Second Shear types 32 to 33 micron 3 to 5 inch remained firm while 32 to 36 micron 3 to 5 inch through to 2 to 4 inch were 2 to 3% dearer.

 

Coarse Crossbred Early Shorn and Second Shear compared to the North Island 18th September were 2 to 4% dearer.

 

Combing Oddments compared to the South were extreme rising fully 7% while Clothing Oddments compared to the North 18th September were 5% dearer.

 

Main buyers: Masurel 2200 bales, Fuhrmann 2200, J S Brooksbank 1360, NZ Wool Services

865, H Dawson 800, Bloch & Behrens 750, G Modiano 500, J Marshall 450,

 

Next sale 2nd October comprises approximately 6,600 bales from the North Island only.

 

Source: NZWSI

 

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