Official report and prices
Values for crossbred wools were from steady to dearer on the first day of the Christchurch January sale yesterday, according to the official report issued by the Christchurch Woolbrokers' Association in conjunction with the Wool Board and the New Zealand Woolbuyers' Association. In contrast, the finer wools were from steady to easier compared with the last sale of similar wools.
Compared with the sale at Wanganui last Friday, fine and medium crossbred wools were 2*4 per cent dearer and crossbred lambs’ wool in sellers' favour. Strong crossbred fleece, crossbred second-shear and crossbred skirtings and oddments were unchanged.
The finer wools were compared with the Dunedin sale on December 18 and in that case Halfbred skirtings and oddments were from par to 2 v z per cent cheaper. Strong Halbred fleece irregular and inclined in buyers’ favour. Extra fine, fine and medium Halfbred were firm on Dunedin rates.
The report said that competition was fairly general on Halfbred and fine crossbred fleece, but more restricted on coarse crossbred fleece. The main buyers were China and Japan, with support from Western Europe. The Wool Board gave moderate support to the market by bidding on 6169 bales, or 27.4 per cent of the offering, and having 1345 bales (5.9 per cent) either sold or passed to it. The ottering for the first day of the two-day sale consisted of 22.475 bales drawn from the Canterbury plains. Marlborough, Nelson arid the West Coast, and included a wide selection of types. Halfbred and Corriedale fleece predominated and these wools varied considerably in style. There were quite a number of attractive lots, but the bulk showed the results of the autumn conditions and were tender and cotted. Some were of good style and colour but heavy in condition.
A small quantity of lambs' wool was offered, but although of quite good colour it was very short and not a true indication of the main quantities which will be offered at later sales. The following is the official range of prices issued by the Christchurch Woolbrokers’ Association:
Extra fine Merino, 70s and finer: Good Fine Merino, 64/70s: . 509 to 525 Good Medium Merino. 60/ 64s, 645: 462 to 499 Good 430 to 478 Average Extra fine Halfbred and Corriedale. 60s and finer: 411 to 420 Good ' Fine Halfbred and Corriedale, 58s. 58 60s: 400 to 457
(.food to Super Good - to 370 320 to 357 Average 270 to 297 Fine Halfbred and Corriedale, 56/ 58s: Good 304 to 342 Good (low yield) 284 to 303 Average 268 to 289 Medium Halfbred and Corriedale. 54/56s: Good 296 to 327 Good (low yield) 278 to 295 Average 258 to 280 Strong Halfbred and Corriedale, 50/ 54s; Good 284 to 301 Good (low yield) 270 to 283 Average 253 to 275 Fine Crossbred, 50/ 52s: Good 280 to 305 Good (low yield) 267 to 279 Average 260 to 285 Medium Crossbred. 46/50s: Good 280 to 301 Good (low yield) 258 to 279 Average 246 to 264 Strong Crossbred. 44/ 48s: Good 276 to 292 Good (low yield) 256 to 275 Average 244 to 265 Shorn Hogget Fine Halfbred and Corriedale. 58' 60s: Good 375 to 413 Fine Halfbred and Corriedale, 56/ 58s: Good 325 to 349 Average 298 to 329 Medium Halfbred and Corriedale. 50/56S: Good to Super - to 338 Good 290 to 325 Average 264 to 287 Fine Crossbred. 48/ 50s: Good to Super - to 318 Good 283 to 308
Average Second-shea zw to 288 r Medium Halfbred and Corriedale, 54/56s: Average-Good 246 to 268 Strong Crossbred. 3in to 5in, 44/48s: Good 256 to 276 Average 238 to 259 Strong Crossbred, 2in to 3in, 44/48s: Average-good 232 to 266 Necks Fine Halfbred. 58s: Average-Good 270 to 313 Ha If bred. 50/56s: Average-Good 253 to 289 Fine Crossbred. 48/ 50s: Average-Good 260 to 294 Pieces Merino, 60/64s: Average-Good 345 to 356 Fine Halfbred, 58s: Good 254 to 284 Average 239 to 253 Halfbred. 50/56s: Average-Good 220 to 250 Medium Crossbred. 46/50s: Good 205 to 237 Average 186 to 200 Bellies Fine Halfbred. 58s: Average-Good 225 to 238 Halfbred. 50/56s: Average-Good 164 to 198 Medium Crossbred. 46/50s: Average-Good 174 to 186 Lambs' Wool Halfbred, 50/56s, 56s: Average-Good 252 to 293 Fine Crossbred. 48/ 50s: Average-Good 232 to 263 Locks Halfbred: Average-Good 123 to 133 Crossbred: Average-Good 127 to 137
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Press, 21 January 1982, Page 20
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722Official report and prices Press, 21 January 1982, Page 20
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