Home / Knowledge / News / Textiles / Variable price movements in NZ wool market
Variable price movements in NZ wool market
Feb '12
New Zealand Wool Services International Ltd reports that North and South Island auction this week comprising 20,000 bales saw an 81.6 percent clearance with a wider spread of buying activity. The weighted indicator for the main trading currencies was practically unchanged up only 0.08 percent compared to the last sale on 2nd February. Again, there were variable price movements between selling centres with the North Island selection attracting stronger competition, keeping most prices firm.

A nominal offering of Mid Micron wools 28 micron and finer were 1 percent cheaper with the coarser end 28.5 to 31.5 micron firm to 2 percent dearer. Fine Crossbred Fleece in the South ranged from 1.5 to 3.5 percent easier with the same types in the North remaining firm.

The Fine Crossbred Shears in both Islands were firm to 2 percent cheaper. Coarse Crossbred Fleece was firm to 3 percent softer with the South Island selection easing the most. The bulk of the Coarse Shears remained firm apart from the longer and very short types in the South Island which weakened around 2.5 percent.

First Lambs were up 1 percent in the South, however came under considerable pressure in the North, lifting by 5 to 8 percent. Oddments attracted wider interest this week ranging from firm to 8 percent dearer, except the shorter types in the South which eased 1.5 to 4 percent. Wide spread competition with China, Western Europe and Australasia principals, supported by United Kingdom and the Middle East.

New Zealand Wool Services International Ltd

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search