Official report and prices

Press, 4 December 1981, Page 19

Official report and prices

For a number of categories of wool the market was better at the Christchurch sale yesterday, according to the official report on the auction issued by the Christchurch Woolbrokers’ Association in conjunction with the Wool Board and the New Zealand Woolbuyers' Association. Compared with the last fine wool sale at Dunedin on November 19 Merino fleece was described as being in buyers' favour, extra fine and fine Halfbred fleece firm, medium to extra strong Halfbred Vz per cent dearer. Halfbred woolly hogget firm and Halfbred skirtings and oddments unchanged. The coarser wools were compared with the Auckland sale last Friday. Fine crossbred was up to 2'2 per cent dearer, medium and strong crossbred irregular and inclined in buyers' favour, crossbred woolly hogget in sellers' favour, crossbred second-shear nominally in sellers' favour, crossbred skirtings in sellers' favour and crossbred oddments unchanged. The report said that trade interest was quite widespread, the principal buyers being China. Japan, and Western Europe. up to the halfway point, the Wool Board had only given limited support to the market bidding on 8 per cent of the

offering and having 2.5 per cent of the wool either sold or passed to it. The offering was of 28.246 bales. It was drawn mainly from the Canterbury Plains and Marlborough. Halfbred shorn hogget wool was prominent in the selection, but for style and yield it was not comparable with wool sold at the previous sale. This was also the case with the woolly hogget wool, much of which w’as tender and unattractive. Autumn drought conditions showed up very strongly in the ewe wools, which were’ mainly short, tender and poor yielding. Hunger fineness was also evident, but this was of some advantage in the prices obtained. On the other hand Merino wools showed up quite well for style and quality. Quite a number of lots were’64/70s and finer and with adequate length and good colour. The following is the official range of prices issued by the Christchurch Woolbrokers' Association.— Extra fine Merino. 70s and finer:

Good to super 545 to 558 Good 504 to 537 Fine Merino. 64 70s: Good to super - -to 528 Good 479 to 508

Medium Merino. 60 64s. 64s: Good to super 478 to 491 Good 434 to 477 Average Extra fine Halfbred and Corriedale. 60s and finer: 400 to 430 Good to super 440 to 460 Good Fine Halfbred and Corriedale. 58s. 390 to 433 58,'60s: Good to super 370 to 392 Good 321 to 362 Average Fine Halfbred and Corriedale, 56/ 290 to 324 58s: Good to super 322 to 355 Good 290 to 321 Average Medium Halfhred and Corriedale. 273 to 294 54/56s: Good to super 310 to 340 Good 284 to 309 Average Strong Halfbred and Corriedale. 50 264 to 288 54s: Good 276 to 304 Average Fine crossbred. 50. 259 to 281 52s: Good 290 to 314 Average Medium crossbred. 266 to 294 46,'50s:

Good , /Average Strong crossbred. 44 48s: Good Average Shorn hoggel 278 to 308 261 to 283 278 to 294 265 Is to 284 Fine Halfbred and Corriedale. 58' 60s and finer: Good to super 385 to 440 Good 336 to 384 Average 299 to 327 Medium Halfbred and Corriedale. 54/58s: Fine ■to 323 Good 280 to 312 Average 254 to 279 Fine Crossbred. 48 50s: Good to super ■to 330 Good 284 to 315 Average 263 to 287 Second shears Strong crossbred. 44 48. 3in to 5in. 44 r 28s: Average-good 260 to 280 Strong crossbred. 2in to 3in, 44 48s: Average-good 240 to 274 Necks Fine crossbred. 58s and finer: Average-good 329 to 369

Halfbred. 50 56s. 56 58s: Average-good Fine crossbred. 48 50s: Average-good Pieces 280 to 313 255 to 285 Merino. 60 64s: Average-good 355 to 390 Fine Halfbred. 58/ 60s: Average-good -to 320 Fine Halfbred. 56/ 58s: Average-good 250 to 281 Halfbred, 50/56s, 54/ 56s: Average-good 230 to 266 Medium crossbred. 46 50s: Average-good 206 to 226 Bellies Fine crossbred. 56' 58s. 58s: Average-good 218 to 240 Halfbred. 50'56s: Average-good 184 to 219 Medium crossbred. 46 50s: Average-good 194 to 203 Locks Halfbred: Average-good 119 to 138 Crossbred: Average-good 121 to 132