Jun '11
The weighted indicator for the main trading currencies is 2.42 percent stronger with the NZD/USD 3.14 percent stronger.
Despite this potentially negative factor, Mid Micron Fleece was firm to 2.5 percent dearer. Fine Crossbred Fleece and shears were buyers favour to 2 percent easier.
Coarse Crossbred Fleece generally remained firm. Coarse Shears were firm to 2 percent easier. First Lambs were strongly contested as their season draws to a close, with prices lifting between 2 and 6 percent.
Long oddments rose by 2 percent however the shorter types came back between 2 and 6 percent. Good competition with Australasia, Western Europe and China principals supported by the Middle East, India and the United Kingdom.
New Zealand Wool Services International Limited (NZWSI)
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