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New Zealand wool market unchanged

22
Mar '12
New Zealand Wool Services International Ltd (WSI) reported that the weighted indicator for the main trading currencies compared to the last sale on 15th March was practically unchanged, strengthening only 0.06 percent. Fine Crossbred Fleece and Shears were firm to 2 percent stronger.

Good Colour Crossbred Fleece eased slightly with other styles firm to 3 percent dearer. Longer Coarse Shears ranged from firm to 4 percent stronger, with shorter shears in the South easing 1 to 2 percent and the North offering firm to 4 percent dearer.

South Island Lambs were 1 to 2 percent easier with the North Island selection 2 to 5 percent stronger. Oddments ranged from firm to 3.5 percent dearer with the North Island levels lifting the most. Well spread competition with China, Australasia, Middle East and India principals supported by Western Europe and United Kingdom.

New Zealand Wool Services International Ltd


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