Official report, prices

Press, 9 April 1981, Page 26

Official report, prices

All crossbred wools were dearer on the first day of the Christchurch wool sale yesterday, according ltd the official report issued by the Christchurch Woolbrokers’ Association, in conjunction with the Wool Board and the New Zealand Woolbuyers’ Association. Of tlie total offering of 35,889 bales for the two days, 16.846 bales were on offer from two brokers. A fairly widespread, buying pattern prevailed on crossbred fleece and better-style Halfbred. The principal buyers were Eastern and Western' Europe supported by the Far East and New Zealand mills. Compared with the Invercargill sale last Friday, the market for crossbred wools could be quoted as follows:— fine and medium, up to 21 per cent dearer; strong fleece and second-shear, is sellers’ favour; lambs’ wool skirtings, and oddments, inclined insellers’ favour. The market for finer wools compared with the Dunedin sale on March 26. Merino- was firm; medium Halfbred in buyers’ favour; strong Halfbred firm; extra strong Halfbred in sellers’ favour; and Halfbred skirtings and oddments firm. The Wool Board gave substantial support to the market, bidding on 11,166 bales or 66.3 per cent of the offering and. having 3285 bales, or 19.5 per cent, sold or passed to- it. The report siad that the wool in the sale came mainly from Canterbury and Marlborough, with good quantities of crossbred fleece from Nelson and the West i Coast. Most of the fleece showed discolouration and many lots were cotted, which is fairly normal for an April sale. Lambs’ wool made up the bulk of the offering, some attractive lots being available. However, a few of the good-

style lots were discounted because of lack of attention, by growers to removal of discoloured' portions. The following is the official range of prices issued by the Christchurch Woolbrokers’ Association:—

Fine Merino, 64/70s: c. c. Good to Super up to 515 Good 386 to 399 Medium Merino, 60/4s, 64s: Good to Super to 405 Good 370 to 398 Average 353 to 369 Extra Fine Halfbred and Corriedale, 58s, 58/60s: Good to Super ' to 311 Good 273 to 296 Fine Halfbred and Corriedale, 56/8s: Good 269 to 292 Good, low yield 245 to 264 Average 243 to 265 Medium Halfbred! and Corriedal, 54/6s: Good 262 to 274 Good, low yield 244 to 262 Average 235 to 259 Poor 214 to 227 Strong Halfbred and Corriedale 50/54: Good 265 to 231 Good, low yield 240 to 261 Avearge 240 to 264 Poor 200 to 230 Fine Crossbred, 50/52s: Good 265 to 281 Average 240 to 261 Medium Crossbred 46/50s: Good 263 to 276 Good, low yield 259 to 264 Average 247 to 269 Poor 229 to 238 Strong Crossbred, 44/8: Good 266 to 286 Good, low yield 249 to 263 Average 242 to 265 SHORN HOGGET Medium Halfbred and

Corriedale, 54/58s: Good 266 to 287 Average 243 to 265 Fine Crossbred, 48/50: Good 268 to 288 Average 247 to 267 SECOND-SHEAR Medium Halfbred and Corriedale, 5 4/56s: Good 250 to 263 Average 225 to 249 Strong Crossbred, 44/8, Sin-Sin.: f Good t o Super to 299 Good 260 to 289 Average 240 to 260 Strong Crossbred 44/8, 2in-3in: Average to Good 236 to 266 NECKS Fine Halfbred, 54/8; Average to Good 250 to 269 PIECES Merino, 6O/5s: Average to Good 297 to 330 Medium Halfbred, « - 5O/6s, 56/58s: i Average to Good 200 to 232 Inferior 170 to 183 Medium Crossbred, 46/50: Average to Good 200 to 236 Inferior 172 to 191 BELLIES Medium Haflbred, 50/6, 56/58: Average to Good 161 to 185 Medium Crossbred, 46/50: Average to Good 173 to 189 LAMBS' WOOL Halfbred, 50/6s, 50/586: Good 240 to 267 Average 225 to 245 Fine Crossbred, 48/50s: Good to Super to 292 Good 254 to 274 Average 234 to 259 LOCKS Halfbred: Average 118 to 130 Crossbred: ■ i Average 137 to 149