Curtis Wool Direct

NZ Wool Market Report (29 August 2019)

Buy and sell wool 24 hours a day, 7 days a week from anywhere in the world. Click here.

The market is currently experiencing very fluid movements responding to the global fallout from the two super powers in their trade standoff. The result, especially for the finer wools, has had a significant impact on buyer confidence with prices back as much as 15% since the last Christchurch sale two weeks ago.

The feature of the sale, however, were the best style Merino wools which defied the odds and held their ground to previous sales levels.

Compared to the previous Christchurch sale 15 August Xbd fleece 31 to 35 microns were 1 to 3% cheaper. Xbd fleece 35 microns and stronger were 1 to 3% cheaper. Xbd 2nd shear was 2% cheaper. Xbd oddments were unchanged. Mid-micron fleece was 5 to 12% cheaper. Merino fleece was 2 to 12% cheaper with the less stylish wools most affected. 23% was passed in failing to reach grower reserves. The next sale is scheduled for 12 September. NZ/US$ rate: 0.633 compared to last sale of 0.643 held 15 August.

Strong XB Market indicator this sale: 313c/kg COF

Strong XB Market indicator last sale: 335c/kg COF

Source: PGG Wrightson NZ

Share This Article

Argentina
Australia
Britain
Canada
Falkland Wool
Germany
Italy
New Zealand
South Africa
Uruguay
Wool Promotion
Buy Alpaca from
Mohair
Wool & Specialty Fibre
Tops & Yarn Dyeing
Wool & Top Treatment 
Buy Yarn From
Textile Machinery
Wool Magazines

Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.


Reach buyers in 58 countries – advertise in wool2yarn global magazine. Published once each year (September) it is circulated to over 5000 textile companies. Readership includes importers of wool and speciality fibre, topmakers, spinners and weavers, manufacturers of yarn, knitwear, carpet, and blankets, producers and importers of fabrics, bedding products, garment manufacturers, and brands and retail chains. See more.

Wool Reports
Buy Wool, Wool Tops, Yarn Online
Wool Testing
Wool Grease
Wool Products Online
Second Hand Textile Machinery