Wool weaker again
The trend was still downwards when wool selling resumed in Christchurch yesterday after about three weeks in which there has been no sale in New Zealand but prices have weakened overseas. The Wool Board had its busiest day this season. To the end of the third catalogue of the sale it had bid on more than 16,000 bales.
Compared with the last Christchurch sale at the end of February, Halfbred and Corriedale wools were not a great deal different, but crossbred fleece was down about 15c a kilogram. The adjusted, weighted average selling price was 257.66 c a kilogram, which was down by almost 15c on the February sale. • Details, Page 17
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Press, 18 April 1980, Page 1
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115Wool weaker again Press, 18 April 1980, Page 1
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