Home / Knowledge / News / Textiles / Mixed market for NZ wool with 72% of total offering
Mixed market for NZ wool with 72% of total offering
Jan '12
New Zealand Wool Services International Limited reports that the combined North and South Island Wool auction comprising 18,700 bales saw a mixed market with 72 percent clearance. The weighted indicator for the main trading currencies increased 0.94 percent compared to the last sale on 12th January contributing to a generally softer market.

The stronger NZ dollar combined with current market conditions saw targeted purchasing and variation in levels between selling centres, however, the overall market was generally easier. Mid Micron fleece saw the finer types ease by 3 to 5 percent with the coarser end firming slightly. Fine Crossbred Fleece in both Islands were 1 to 3 percent easier.

Fine Crossbred Shears were 1 to 2 percent cheaper in the South Island and 1 to 4 percent dearer in the North Island apart from the poor styles which were 2.5 percent softer. Coarse Crossbred Fleece were between 2 and 6 percent weaker apart from the Good Style in the North which were up to 2 percent dearer.

Coarse Shears eased by 2 to 4 percent apart from the 2/4 and 2/3 inch wools in the North which strengthened 3 to 6 percent. First Lambs strengthened 2 to 3 percent. All Oddments were strongly contested after being neglected recently, increasing between 2 and 8 percent.

Wide spread competition with Australasia, China, Middle East and Europe principals, supported by India and United Kingdom.

New Zealand Wool Services International Limited

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search