Curtis Wool Direct

New Zealand Wool Market Report (29 June 2017)

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The market was down this week due to a combination of slower demand and a slightly stronger New Zealand dollar.  South Island price levels have now come more into line with their North Island counterparts. Bales on offer 8194, 5716 Bales Sold (70% Sold).

 

The weighted indicator for the main trading currencies compared to the last sale on the 22nd June was marginally stronger by 0.24 percent.

 

Compared with last week’s North Island sale crossbred fleece was generally up to 2 percent cheaper, early shorn second shear 1 to 2 percent cheaper and short length second shear unchanged to 2 percent cheaper. Fine lambs were firm with coarser lambs up to 3 percent cheaper. Oddments were firm.

 

Main Buyers: Segard Masurel 1180 bales, Fuhrmann 1160, Bloch & Behrens 800, G Modiano 600,

NZWSI  500, W G Robinson 475, J S Brooksbank 400, Curtis 300, Chargeurs 250, J Marshall 150 bales.

 

Next sale on the 6th July comprises approximately 9,800 bales of North Island wool.

 

Source: NZWSI

 

 

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