Whole wool clip sold
PA Auckland The best New Zealand i wool-selling season for years : ended yesterday with prices ia. the final sale in Auckland holding well to the healthy ■values of recent months. ! For the first time in three Iyears, New Zealand has sold | its entire wool clip within ■the season it was produced. i The market demand has {remained strong enough for ■ th Wool Board to more [than halve its stockpile. Its I closing stock at the end of
I the 1978-79 season is about] 182,000 bales, compared with] | an opening stock of about 1200,000 bales. The adjusted weighted’ ’average selling price (awasp) {at the sale of 30.353 bales at' 'Auckland yesterday was I 1231.30 c a kilogram, com-! I pared with the Napier level! Ilast week of just over 231 c I la kilogram for greasy wool. [ [ That introduces a prospect! I that the market level for the, I whole New Zealand season] will average out about 30c a] [kilogram clear of the 190.43 c! ! average in 1977-78. The maraet yesterday [opened in buyers’ favour for second-shear wools, but I firmed well later, apart from 'oddments which declined slightly in price late in the sab. Buying demand seemed f'i.rly well spread, and there were indications of some demand from Iran. Official prices were:
e e Crossbred, full length. lower yield. 44/ 48s and 46/50s: Good 245 to 254 Good-average 235 to 244 Average 225 to 234 Early-shorn, higher vield. 44/48s and 46/50s: 0 0 Good 258 to 270 Good-average 250 to /. >< Average 243 to 249 Early-shorn. lower vield, 44/48s and 46/50s: Good 248 to 257
Good-average Average 238 to 249 226 to 242 Second-shear, long, higher yield. ( 44/48s and 46/50s: Good 256 to 266 Good-average 248 to 255 Average Second-shear, long, 237 to 247 lower yield, i 44/48s and 46/50s: c Good 246 to 255 I Good-average 236 I o 247 ! Average 'Second-shear, short, 228 to 236 i higher yield. | 44/46s and 46/50s; Good 248 to 256 Good-average 240 to 247 Average Second-shear, short, 230 to 239 lower yield, 44/48s and 46/50s: Good 236 to 247 Good-average 229 to 239 Average 216 to 228 Hogget Second-shear, higher yield, 50/56s: z> z. Good 256 to 263 Good-average 243 to 255 Average Second-shear, lower 234 to 242 yield, 50/56s: z. Good 244 to 255 Good-average 233 to 243 Average Crossbred first lambs: 222 to 232 Poor-average 241 to 251 Poor 229 to 240 Second-shear bellies and pieces, higher yielding. 46/50s: Average 204 to 212 Poor-average 195 to 203 Poor 187 to 194
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Press, 22 June 1979, Page 4
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423Whole wool clip sold Press, 22 June 1979, Page 4
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