Wool prices up slightly

Press, Volume CXV, Issue 33791, 13 March 1975, Page 3

Wool prices up slightly

(N.Z. Press Association)

NAPIER, March 12,

Wool prices rose again at Napier today.

The market for full fleece and longer second-shear was in sellers’ favour, compared with the Wanganui sale last Friday. Lambs’ wool and oddments were unchanged, but bulky

skirtings were 2J to 5 per cent dearer.

Bidding throughout was animated, the main strength coming from the Continent, helped by Eastern Europe. New Zealand mills supported stronger crossbreds. The wool corporation bid on about 14 per cent and had 5 per cent passed to it. The fleece on the whole opened up quite well, apart from cottiness and discolouration. The lambs’ wool included some attractive lots.

RANGE OF PRICES Fine crossbred, 48/50s: Good 103 to 110 Average Medium crossbred, 98 to 102 44/48s: Good 104 to 108 Average 98 to 103 Poor Strong crossbred, 93 to 97 40/46s: Good 103 to 106 Average Second-shear (good 98 to 102 lengths) 44/48s: Good 102 to 107 Average 95 to 101 Poor Second-shear (short) 90 to 94 44/48s: Good 96 to 104 Average 92 to 95 Poor 84 to 91 LAMBS Fine crossbred, 50s and 48/50s:

Good Average Second crossbred: Good Average Inferior 96 to 101 86 to 70 to 66 to 62 to 95 754 69 65 NECKS Extra fine crossbred, 50/56s: Good 98 to 105 Average 94 to 97 Fine crossbred, 48/50s; Good 97 to 994 Average 93 to 96 PIECES Fine Crossbred Hogget, 48/50s: Good 76 to 80 Average 73 to 75 Crossbred, 44/58s: Good 79 to 83 Average 74 to 78 Inferior 69 to 73